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USDNOK buy set up

Long
U.S. Dollar/Norwegian Krone (FX:USDNOK)  
TomProTrader Updated   
FX:USDNOK   U.S. Dollar/Norwegian Krone
11
0
Hi guys,

I am expecting some move up on this pair. It seems to be breaking out on the daily so buying the breakout is a good idea.

Thank you for your support.
Comment:
Turn around within the long term structure- will price test the bottom for move move up? We will soon find out. Anyone actively in this trade shouldn't be, as the dark cloud cover and follow through shows a change of pace, wait for a corrective move and possibly get back in.
Comment:
Price has tested bottom of structure, will price break to the upside in structure again? Or will price break down below structure to invalidate buys?
Comment:
Buys invalidated, but see potential for set up soon. Will update with a new idea accordingly.

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MrVolcano
USDNOK - Ascending Channel
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