The direction of the present trend of of inverse Eur usd in the future is the same of sp500 , strong long and then strong short for eur usd .
FIB 161.80 extension then we will short it. Until it reaches the high, we need to be patient and go for a great short.
USDNOK potential bearish. Price making double TOP. Next target 1 / Target 2 #silverpips
Copper short & Crude Oil short by Usd nok Inverse weekly fractal study . error in chart : no cg1! but hg1!
This pair is moving in the direction where we can attempt to capture a Short Trade off of, using a tight stop loss using our historical price range. Some can wait for Candlestick readings but the previous wick in this area of local resistance tells us that there is a possibility that price can reject this zone, if not then no harm done with proper risk management.
USDNOK idea short and long I expect a correction and the continuation of the buul trend to the upper line of the channel.
After selling off in December, NOK has been the worst-performing currency in the G10 space. There has been a huge upwards move in USDNOK without any meaningful correction, so this is a pretty good opportunity to open a short position with a wide stop-loss.
A very good time to update the short-term flow setup for CADNOK after such a brilliant squeeze. For those tracking the 2020 Macro flows: This week we have a simple technical move in play. A textbook case of "Apple in the worm" as it seems to me a poor choice of the moment for buyers to continue the advance. Extending the characteristics position (= swing...
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.