Euro / Norwegian Krone

FXCM

EURNOK

WEEKLY

Rejection from an area of value

EURNOK Pennant Symmetrical Triangle

Pattern: Ascending Triangle on 1W. Signal: Bullish as the price rebounded near the Higher Low trend line. Target: 10.000.

anticipated move

Trendline Breakout / Flat Camel Pt TP1 Reached Levels to add short and TP levels as described. Crab as shown.

sell from 10.00

Clear rejection on weekky, now will take shorts after break below trendlins

Taking this short opportunity now. Chart explains itself

EURNOK Horizontal Line Break Trend Line Break

entry to buy = if the blue zone is broken up tp is shown in fig sl = below the blue zone ....... To receive notifications of entry to the position, join my channel : t.me

Break of Wedge resistance, lone at the retest

price at tested supply zone

The pair is at historical highs with RSI showing bearish divergence. EUR/NOK is also forming a bearish triangle which will initiate the long term downtrend. EUR area is looking to cut interest rates or prolong the QE program. NOK has (the biggest?) sovereign wealthfund which will prove useful if Norway needs fiscal stimulus. short EUR/NOK also provides a carry....

-EURNOK price is at resistance level -RSI is 71%

EURNOK rejecting a key fib level on the daily after a big drop. Could be a key sign of reversal

Long

Rompio la MA 150 a la vez q el punto 0 del macd ... ahora esperar un revote y entrar en short