EURNOK Short Direction: - Pair is in Bearish Order Flow and has Bearish Momentum on the H4 and Daily. - Pattern formed in the Bearish H4 OB (Order Block). Entry: - W (Double Top) Pattern Formation. - Divergence occurred. - RSI crossed volatility bands (Shark-fin), indicating a drop in the pair. - RSI near the 68 (exhaustion zone), indicating pair was...
AMT is a 5G play. It's been stuck in consolidation. If it moves out of this box, it will be a good gainer. Buy here, or look to get in at the lower part of the box. I think it goes higher instead of retesting the lower box area.
After the long downtrend the market retrace till the 0.382 fib level and now it create a lower high lower low. IF the price will manage to break the structure we can set a nice sell order with the target at the yellow trend line which support the upper trend line on the 1d chart. ––––– Here is the Plancton0618 technical analysis , please comment below if you...
Pattern: Channel Down. Signal: Bearish as the price is below the 1W MA20. Target: 11.1000 (potential contact with the 7 year Higher Lows trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Previous GBPNOK signal:
Got a signal to go long. Buy Limit Price: 0.9777 SL: 0.9695 I'm not a financial advisor. If you seek financial advice look within your local area.
Even the NOK has some potential for growth in the days to come, primarily due to 5G steps the company is taking, at the moment this set up is SELL. MA200 is as always strong resistance, and the RSI level is signaling a potential price reversal. In the case of 5% price drop, NOK is worthing taking under consideration for a long play.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
A very technical environment here with Germany away from their desks, support clearly defined at the 10.8x lows while resistance towards 11.05x will cap the highs. With Crude starting to reach interesting levels for sellers the NOK rally will begin to unwind. The supply side can rebalance as much as they like, it will not offset the demand shock:
According to my set of rules, this set up I am showing in my chart is a high probability setup. we have large bullish candles, meaning there is a lot of buying orders. I'm not 100% sure it gonna go up from that zone. no one does, this is a probability game. so use proper risk management, I recommend 1%. Also, this can go a lot higher than what I have placed witch...
Breaking support Testing previous support (finding resistance)
The pair is trading within a standard Channel Down on the 1W chart (RSI = 38.708, MACD = -0.485, ADX = 41.103) since 2013. Three weeks ago it made contact with the Lower Low trend line of the Channel Down and priced a Lower Low. Naturally it has been rebounding since and is close to the 0.382 Fibonacci (14.000 as the High). The sequence is similar to the last...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a possible continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
aud nok is looking good from here weekly bullish momentum 15 minute ichiomoku breakout weekly momentum resistance has broken weekly rsi has broken Right on weekly resistance near break
Eyes on the technical breakdown in CADNOK to kickstart the week, a few important updates to make here as intervention begins globally from Central Banks and OPEC. For those tracking Oil you will know we got the massive meltdown that we have been expecting in the chart-pack since last year: I am tracking a much larger than expected cut from OPEC at...