British Pound / Norwegian Krone GBPNOK

 
     
 
     
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GBPNOK Forex Chart

Technical Analysis Summary

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ikeel ikeel GBPNOK, 120, Long ,
GBPNOK: OPEN GBPNOK daily trade
9 2 2
GBPNOK, 120 Long
OPEN GBPNOK daily trade

The buy zone is between the the green and red lines. It's recommended to limit buy close to the green line, in order to guarantee the position. The red line is about 250 pips below the green line, and acts as the stop-loss level. There is no target price yet. This trade will be monitored once every evening. If there is no update, it means the trade is still ...

InvestingScope InvestingScope GBPNOK, 1D, Short ,
GBPNOK: 1D Channel Down. Short.
8 0 1
GBPNOK, 1D Short
1D Channel Down. Short.

GBPNOK is on a 1D Channel Down (RSI = 43.982, MACD = -0.036, Highs/Lows = 0, B/BP = -0.0375), and was just rejected on the soft Resistance (blue dotted line). 10.68907 is a strong 1D, 1W support and this is our TP. If it breaks then then downtrend will continue.

imamalkan imamalkan GBPNOK, 60,
GBPNOK: #GBPNOK Trend Flama
15 1 2
GBPNOK, 60
#GBPNOK Trend Flama

#GBPNOK Trend Flama

KeTrader KeTrader GBPNOK, 1D, Long ,
GBPNOK: GBPNOK H&S
9 0 3
GBPNOK, 1D Long
GBPNOK H&S

I think I see an inverted H&S pattern, will play it while keeping an eye for a reversal for the bigger downward trend that is on the horizon finally.

Jahid Jahid GBPNOK, 1D, Short ,
GBPNOK: GBPNOK Short
126 0 1
GBPNOK, 1D Short
GBPNOK Short

trade with care

KeTrader KeTrader GBPNOK, 240, Short ,
GBPNOK: GBPNOK short
26 0 2
GBPNOK, 240 Short
GBPNOK short

Short.

Jahid Jahid GBPNOK, 1D, Short ,
GBPNOK: GBPNOK Short
93 0 4
GBPNOK, 1D Short
GBPNOK Short

Trade with care

Marcos2cb Marcos2cb GBPNOK, 240, Short ,
GBPNOK: Sell: GBPNOK, Doubletop and retest of resistance.
20 0 0
GBPNOK, 240 Short
Sell: GBPNOK, Doubletop and retest of resistance.

I am going to sell it before the break of the Double top botton, but it would be good to only sell it after the break. If you stick to my approach, I advise you that, if the price makes a return point at the botton of the Doubletop, buy it back and wait for the break. We are going to lower our stoploss at any touch of the down trend line.

DAVID_GIRALDO DAVID_GIRALDO GBPNOK, 1D, Short ,
GBPNOK: GBPNOK Trade Setup
48 0 5
GBPNOK, 1D Short
GBPNOK Trade Setup

Hello Traders! GBPNOK has broken out and just retested the trendline with today's candle. It is a Good opportunity to short if you can handle the risk.. This is overall just an analysis rather than a trade because it is not worth taking..

TLNT TLNT GBPNOK, 60, Short ,
GBPNOK: GBPNOK
13 0 2
GBPNOK, 60 Short
GBPNOK

sell

Jahid Jahid GBPNOK, D, Short ,
GBPNOK: GBPNOK Short Setup
106 0 2
GBPNOK, D Short
GBPNOK Short Setup

Trade with care

eazywayout eazywayout GBPNOK, 240,
GBPNOK: GBPNOK 4H
82 0 2
GBPNOK, 240
GBPNOK 4H

Usually don't trade exotic pairs, but here I see a nice potential opportunity. Price is sitting on broken resistance now turned support, rejecting the 200 EMA & is in consolidation. Will be watching for a break back below or bounce back to the top of the range & potential breakout of the top for uptrend continuation. Lets observe how it plays out there is a good ...

KeTrader KeTrader GBPNOK, D, Short ,
GBPNOK: GBPNOK short
38 0 1
GBPNOK, D Short
GBPNOK short

GBPNOK short

SimonAlex98081 SimonAlex98081 GBPNOK, 240, Long ,
GBPNOK: Bullish Wedge GBPNOK
24 0 1
GBPNOK, 240 Long
Bullish Wedge GBPNOK

buying entry of five drive wave. Good risk and reward

yikboyx yikboyx GBPNOK, M, Education
GBPNOK: Correction GBPNOK educational
26 0 3
GBPNOK, M Education
Correction GBPNOK educational

Hello Traders, Correction in a channel/triangle for wave b or x Your reflection and contribution to this thought analysis are highly honored. Thank you.

alexlat11 alexlat11 GBPNOK, 60,
GBPNOK: GBPNOK
26 0 2
GBPNOK, 60
GBPNOK

Wick fill daily

trentin808 trentin808 GBPNOK, D,
GBPNOK: GBP/NOK Covering this exotic pair by request .
42 0 3
GBPNOK, D
GBP/NOK Covering this exotic pair by request .

The Sterling expected to gain value as we notice its increase in value after Brexit. Expecting this pair to rally to the 12.369 Support level which if next weeks news happens to go in our favor we could be into some good selling / buying territories. Key levels for this week include 9.84 , 11.07, and 12.369.

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