Euro Fx/Norwegian Krone

The European common currency is trading in a channel down against the Norwegian Krone. The given pattern is a relatively narrow short-term formation that can be considered as a part of an intermediate ascending channel. The rate reached the lower channel boundary of both patterns mid-session and therefore is expected to dash above the 9.32 mark to initiate a new ...

Hi guys, The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart. Best ...

EURNOK was in an uptrend on the daily chart since February 2017. The trend reversed in July as the trendline was broken to the downside. There are three support levels that can act as profit targets. While profit target 1 and 2 might be reached this year, profit target 3 lies outside of a wedge/ triangle that was formed by monthly candles since about end of 2014/ ...

Price in control of Monthly Supply zone. Price created new Weekly Supply zone and nested Daily Supply zone for potential short.

We are observing high short pressure on this cross maybe a good opportunity for entering in positivite swap cross

SELL STOP , 1D

The EUR/NOK currency pair has been stranded in an ascending channel in force since mid-July. The latest confirmation was provided in this session when the price halted near the 9.33 mark for the second time in two days. Being a bullish pattern, this ascending channel should guide the pair for an upside breakout that may occur next week. However, the latest two ...

..............

Monthly candle analysis suggests EURNOK may move lower. This together with Brexit turmoil and economic instability in the world will help propel this pair down. This instrument is now on my watch list for the month of August. I'll be looking for short signals on the daily time frame. Once I get a signal I will attempt to make entry on the 15 minute chart during ...

EURNOK.Weekly.BB34.Pivot10.MACD

bullish shark pattern

gl

The European common currency is trading in a narrow channel down against the Norwegian Krone. The given pattern was formed after the rate failed to reach the upper boundary of a rising wedge. Nevertheless, the price has altered its direction, as apparent from its failure to reach the upper channel boundary. The rate plunged mid-session, but was supported by the ...

EURNOK was in a huge uptrend but the trend reversed a few days ago. The price might fall even further if it crosses the support level. Otherwise it might continue the uptrend.

advanced pattern, tp 38,2%

EURNOK finally broke the triangle that we've been waiting for. Great risk/reward ratio. Wait for the price to break the resistance for maximum safezone. Let's wait and see what the price will tell us. Good luck!

2 different patterns in formation, will se how to trade that situation

bullish bat pattern