RSI Divergence on USDNOK with reversal candle ( Shooting star ). Stop placed above recent high and limit placed at 50% retracement of recent move for 1:5 R:R
USDNOK to reverse from its downside confirmation at 9.16290 where it could potentially drop further to 9.05090. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK to reverse from its downside confirmation at 9.17333 where it could potentially drop further to 9.05090. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hey traders, as seen on the chart price has formed a very bearish pinbar on the daily. Price also rejected the top of the trend line I have drawn. Since this is a counter trend trade we are targeting conservative areas. Risk to reward of 1.5. Simple price action and technical analysis. Daily trade analysis and ideas: Telegram: t.me Facebook:...
USDNOK bounced off 9.21830 where it could potentially rise further to 9.28825. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK reversed off its resistance at 9.24450 where it could potentially drop further to 9.16780. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK reversed off its resistance at 9.15176 where it could potentially drop further to 9.12411. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK bounced off 9.12775 where it could potentially rise further to 9.21030. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
How to spot trend changes and entry points. Yes the trend reversal legs can also be traded. Not financial advice!
USDNOK reversed off its resistance at 9.13967 where it could potentially drop further to 9.09081. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK expected to rise up to 9.18850 where it could potentially react off and drop down to 1st support at 9.11148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK reversed off its resistance at 9.20590 where it could potentially drop further to 9.11148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Looking at USDNOK, it is at all-time high level at the moment. Looking for the formation of the H&S pattern. As USD seems to be topping on the DXY chart, expecting this pair to fall. Good Luck!
USDNOK reversed off its resistance at 9.20590 where it could potentially drop further to 9.11148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.