USD/NOK Multiple Time Frame Technical Analysis: This seems to behave locally according to the (-- Three Drives Pattern --) It already (-- MADE ALL THE RETESTS --) and is supposed to hit the next drive up. -- The Price is supposed to hit the Target Level 1 within the range of 10.80 -- (-- High Risk --) -- The Price is supposed to hit the Target Level 2 within...
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USoil crashed today Shortly Brent will follow, and USDNOK to go up Not much movement has happened yet, good time to enter
USDNOK Tradibg Plan BUY - Riks Reward 1:3
The USD/NOK is trading at historic levels, which is why you see mostly purple and light blue lines (monthly and weekly levels). I think that once support gets broken on USD/NOK we'll see a significant decline. A. Light Blue: Weekly Levels (W) B. Green: Daily Levels (D) C. Purple: Monthly Levels and above (MO) D. Orange: 3 day levels. (3D). E. Red: (12 hour...
This is #USDNOK Analysis. price just created new strong daily demand Area where we can set our Set&Forget based limit orders for the future. No matter how much time price takes to come back to the projected Area we will just wait to make our trades safe and healthier. best of luck
USDNOK Trading Plan BUY - Riks Reward 1:3
after a huge impulse the price has corrected to 0.5 Fibo and showing good respect to this level, and for now it seems pretty logical and obvious, that the price has to close the shadow and test the neckline. long.
Possible long trade opportunity on this pair. Wait for a higher high, aswell as for the resistance at 10.692 getting broken. If a uptrend is confirmed in your trading system, the first price target should be 10.911, the second 11.224. Stop Loss is at 10.385. Thanks for Reading :)