Parallel Channel
My analysis does not explain because I am not here to teach. I am here for you to benefit and know me and maybe you are a great person
Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.54 as I am showing in my chart. Our Daily Goal is 10.52.
Currently, EUR/NOK is moving towards the resistance level 10.64,where there is some liquidity from this...
EURNOK
TREND DIRECTION: Down
LEVEL: Support Resistance 10.41230; EMA 10 10.39341; EMA 20 10.39977; Fibonacci Retracement 50% 10.41493
SIGNAL: Pin Bar
DATE and TIME: 16-AUG-2021 16:00
Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NOK will rise to 10.485 as I am showing in my chart. Our Daily Goal is 10.5.
Currently, EUR/NOK is moving towards the support level of 10.44 where there is some liquidity, from this value...
Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.46 as I am showing in my chart. Our Daily Goal is 10.445.
Currently, EUR/NOK is moving towards the resistance level 10.506,where there is some liquidity from this...
Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.38 as I am showing in my chart. Our Daily Goal is 10.36.
Currently, EUR/NOK is moving towards the resistance level 10.456,where there is some liquidity from this...
Hello Dear Traders,
You find below my analysis to Eur NOK. This pair is strictly correlated to oil prices and S&P 500. The future trends may mirror this pattern closely. The oil fund owns more than 1.5% of all the listed stocks worldwide, and its returns alone were worth a third of Norway’s GDP in 2020—even amidst the pandemic. According to my set of rules,
In...
Our RSI reversal strategy has enter a long trade running on EURNOK overnight.
This is a new strategy script we are trialling at the moment based on reversal trading using RSI as a one of the main contributing confluences.
New trade details are shown on the chart and we are working the 15M time frame.
Take profit is the green line. Pink line is stop...
Our RSI reversal strategy has a long trade running on EURNOK.
This is a new strategy script we are trialling at the moment.
Last trade included on the chart to show how this works which hit the desired TP target.
New trade details are shown on the chart and we are working the 15M time frame.
Take profit is the green line. Pink line is stop loss.
Trade...
the market reached new intermediate highs & shows positive signs for a bullish trend. So far, the market reacted to my stored trading area. However, we should remain cautious and wait to see more upside moves before we go long. In the chart you can see a possible outcome for a bullish trend reversal.
What's up please comment what I can do better.
I have spotted a smaller head and shoulders pattern (0vert last 8 days) forming on the a pull back of the EURNOK downtrend which began this time last year. The 1D trend line (orange) was recently broken up and then back down, the most recent wick up failed on the 25th and lost momentum suggesting a considerable...
