LewisGlasgow

USD/NOK - Head and Shoulders

Short
FX:USDNOK   U.S. Dollar/Norwegian Krone
Recap on the analysis I provided for my students previously this week. Here we have a head and shoulders setup on a Daily chart for USD/NOK, this pattern also took shape on the Weekly chart. This is a very simple selling opportunity, easy to spot and amazing risk:reward.

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