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we are seeing the EUR strengthen this morning, over many pairs as the Norwegian currency this week could see it battling with the EURO and other pairs. I have a short BUY in and TP at 10.23115 if it breaks this price we could see further movement towards 10.30430
EURNOK is now testing a daily support over an ascending trendline. According to plancton's strategy, if the market will break below, we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h...
I am going long on this pair after seeing this double bottom forming. The Daily candles are getting smaller in size showing less seller momentum and todays candle, although bearish, printed as a reverse hammer which is one of my favorite candlesticks to trade.
overall down trend, Price has retested the trend line for another push down and also on a previous support level for a re- test
Price is getting out of the channel after a long downwards trending and currently above the new support it created. Wait for price to fully go a bit up and catch it on the retest around the support zone 10.49068! Don't forget to manage risk! <3
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: EURNOK is approaching a strong support in green and round number 10.00 so we will be looking for buy setups on lower timeframes. on H4: EURNOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to...
The price is ready for a small bounce to the upside
At this point im looking for bullish entry. But it might go further to the downside to make a retest on the (daily) trendline and then go back up. Now im waiting for the price to go up to fib level 0.786 and then ill enter my trade.
You can see my entry levels to the position on the chart. Its a sale idea for a daily chart. It doesn't contain investment advice, you have to take your own risk, a chart analysis worth tracking, plenty of earnings.
AFTER massive open we are looking for this pair to stay long for the rest of the month we opened in the buy zone so lets see how this plays out
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURNOK, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
We expect to reach this level before going down and get price level like 2020 Start