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.
EURNOK has been moving inside a discending channel between the orange trendlines.
Lately the market has move inside a minor channel and currently is consolidating below a daily structure.
If the market will manage to break and close above the structure we can set a nice long order according with our strategy .
Follow the Shrimp 🦐
Here is the Plancton0618...
EUR/NOK , SELL at Current Price or After Breakdown .
You Can Also Set own Risk Reward ratio .
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
This is a long term trade (around 1-2 months)
I see some bullish signals on weekly chart and looking for a breakout from inclined resistance.
Have a nice week,
Idea: Possible support and return long.
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
EURNOK might not be the most popular pair, but it sure is graphical. Look at this 4TAP formation. You can be sure if that breaks, it will fall like a stone. If not, it might bounce up to a nice long which will eventually find support resistance again at 55MA, if it breaks that we look at resistance at 200MA. Really looking forward to see what eurnok does over the...