4H CHART EXPLANATION: In the short term, we observe a Descending Wedge Pattern being formed by the last downtrend. Now we are waiting for a pullback towards the Confluence Zone between the Top of the Wedge Pattern and the Broken Ascending Trendline, and after that a bounce to continue the downside move. This is the short term vision, the mid and long term are...
Panorama Completo de que esperar en el par EurNok, de confirmarnos el cambio de estructura al romper el ultimo minimo, se viene una cambio de tendencia con un TP 1 de +7400pips
Entry : Bottom of the trendline TP : Top of the channel, could potentially hold and see if it breaks,in which case take your profits on a 1D wick backwards/a clear sign of reversal (RSI,BB, previous resistances) SL : 0.20%
Gaining an appreciation for how volume patterns can be applied to trading.
Hi All , Still Holding a sell on this pair . Entry and SL and TP marked . LONG term Swing , Many Thanks.
Analysis team sold EURNOK @ 9.7925 with 2 targets TP1 9.7650 TP2 9.6695
The pair is consolidating on 4H (RSI = 49.952) awaiting for a break out. 1D has followed a perfect symmetry so far on 1D (Inverse Head and Shoulders) and if the 1D MA50 breaks, we expect the price to test the 9.6450 Support. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Ideally, catch it at the swing high and short it back down to the trend line.
three fresh demand zones below trading is 80% waiting
As described on the chart
I see a positive trend, with 2 opportunities for profit. tp1: 9.81749. tp2: 9.83563 Sl: 9.77744 *Risky Trade* approach with caution, also well done to everyone who followed my previous signals and in the telegram group it has been a very solid week.
If we get a close below entry point and pullback towards the blue line, then I believe that shorting will be a way to go
if the EURNOK manages to break its major resistance zone at 9.87311 then it will be a buy until its previos major resistance zone at 10.03895 or if it is rejectecting that level and giving any reversal sign then we can sell.
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The EURNOK shows that is it on a downtrend on daily timeframe Therefore I am expecting it to touch the outer trendlin since the inner trendline has been broken meaning it is going to re-test on the resistance zone at 1.74046 and should make a touch on the outer trendline.