Euro / Norwegian Krone EURNOK

H4 downtrend possible bounce from the demand zone bullish divergence below 200 MA trade idea - long entry at 9.71108 TP at 9.78747 to 9.82278 stop at 9.69645

Will we use the S/R consolidate here and go up from here or are we going to retest the old range first (BLUE LINE)? Im long on the midterm on this pair. looking at price action as a hawk for a new long entry.

may be a good trade

A DAILY sideways/downtrend above 200 MA initial support at 9.64430 possible triple bottom RSI support at 34

EURNOK buy setup H1 RSI divergence with possible formation of bullish shark pattern at support trend line. For a buy at 9.68653 , TP at 9.7498 and SL at 9.6564 you get a RR ratio of 2.11

let's see if it pans out

This is a short-term idea, which could potentially work out. Only on a break of the 9.7880 that we will start looking further north. Also, in addition to the break, we would like to see a daily candle closing above that 9.7880 barrier, so that it could attract more buyers. Please see the chart for details and the alternative scenario. Don't forget your stop-loss.

Bounce bottom/W + "V" with right structure on H4 ( if will break 123) lot of space for move UP

EURNOK broke the downtrend line and made a new higher high. Looking for an entry at the Bat entry level for a long position

After 7 days of straight bullish candles, we are now facing a reversal movement. MACD line is above the Signal line and both are below 0, which it gives us a better chance to go bearish. Same with Stoch RSI, already on an overbought level and ready to fall.

Watch Price action and sell as high as you can

GL HF

Ladies and gentlemen, boys and girls. Hereby you find my analysis for EURNOK. Those currencies (EURNOK) aren't that easy to trade in, but finally I could make something of it. I chose LONG POSITION because I saw a bullish three-drives pattern. I know you're asking yourself "Where is that pattern?" It's too small and invisible to see but if you take a close look...

Target: Daily 20EMA, SL: 0.618 Trade #11

eurnok break the support zone, next target: 9.64 possible the price drop to next target support zone: 9.44

Good Morning, Oil is breaking higher closing above the 50 day exponential moving average (EMA) for the first time since October when it made 4 year highs. This should support long NOK and CAD positions. Looking to add to our short EURNOK positions on retracements towards 9.8000.

Trade Alert EURNOK has broken the medium-term upside support line, drawn from the low of October last year, and is now also testing the key support area, near the 9.7332. Such a setup favors the bears more than the bulls, which means we might see a follow through to the downside. For now, we will target slightly lower levels, as the euro is currently feeling a...

Lets look back at this in a couple years. :)