Time to go long USDNOK. Playing fib levels up. Bullish divergence on RSI. And hitting long term resistance on the higher timeframes.
Pattern: Triangle on 1D. Signal: Bullish as the RSI is forming a bullish pattern which since the Channel Up started in March 2018, it was a sign of a new High. Target: 9.800 (Higher High excluding the COVID candles). Most recent signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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...
Waiting on Price Action to Break Below therefore needing to retrace to its previous level that was broken (minor swap level). Proper Candlestick pattern will Confirm entry to the downside.
Use this as a guide to develop your own setup Main items we see on the 4hs Chart: a)Price Surpass the Maximum Historical zone and the re-enter to the previous levels (bearish Signal) b)Currently, we can see a Consolidation Structure, this kind of structures can be considered as continuation patterns c)We can see an interesting downside potential towards the...
Use this as an Idea to develop your own setup Main Items we see on the 4HS Chart: a)Price is on Maximum Historical Highs, this is an important Resistance Zone (check Weekly chart) b)MACD divergence, this is a clear signal of the weakness of the current bullish movement c)The Main Ascending trendline is broken and the price is making a pullback over that...
Short USDNOK @ 9.03024; TP @ 8.84975, SL your choice
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Selling as price has come back to point of interest . This is a swing trade . So Day trade be mindfull. Many Thanks.
We look at trend analysis to suggest that USD NOK may rebound to 8.78000 Please join the free telegram group where we post up to 4 signals/plans per day. t.me
The pair is ranged within a 4H 8.67182 - 8.80533 Rectangle and as long as 1D remains neutral (RSI = 51.622, ADX = 25.601, Highs/Lows = 0.0000) it will be an ideal scalping opportunity. Buy zone = 8.67182 - 8.69700, Sell zone = 8.7881 - 8.80533. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and...
Hi All , Buying the trend on this pair before the reversal . As you can see we have a strong bullish move & i expect price to touch the top of the range before advancing further . Entry, Tp1 and Tp2 and SL marked on Chart . Sl to entry as always . Many Thanks.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
What are we trading here? Norway is outperforming in the G10, unemployment falling while inflation exceeding expectations. As a result, interest rates are moving in favour of NOK. The hawkish surprise earlier in the week from Norges Bank suggested that more hikes are necessary has been supportive of the currency. A key risk is Oil prices holding firm around...
Entry price, stop loss and targets are mentioned on chart.