Weekly: * Inv H&S pattern * IC * Previous candle its alining Daily: * BM pattern * IC 4H: * BM pattern * Inv H&S pattern * IC
Monthly: -Price is in a monthly range. -Expecting another touch of the top of the range. Weekly: -Bullish M pattern. -IC. Daily: -Bullish M pattern. -IC. 4H: -Bullish M pattern. -Inverse H&S pattern.
GBPNOK is ready to push up one more time The buying pressure was so strong that GBPNOK could not reach the weekly demand imbalance as we would have wanted and expected. Trading is a waiting game and many times price will not retrace to the price levels you are looking to trade, that?s trading, we just can?t move the markets with the power of our minds!
GBPNOK LONG - Buy Entry - D1 Chart Buy @ Market Symbol: GBPNOK Timeframe: D1 Type: BUY Entry Price: Buy @ Market Resistance @ 12.41680 Resistance @ 11.97872 Pivot Point Yearly @ 11.89933 Resistance @ 11.83269 Resistance @ 11.66966 Support @ 11.30668 Support @ 11.21511 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up...
GBPNOK LONG - Buy Entry - H4 Chart Buy @ Market Symbol: GBPNOK Timeframe: H4 Type: BUY Entry Price: Buy @ Market Resistance @ 11.99650 Pivot Point Yearly @ 11.89516 Resistance @ 11.83168 Resistance @ 11.72790 Resistance @ 11.66319 Support @ 11.30668 Support @ 11.21511 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up...
GBPNOK LONG - Buy Entry - H4 Chart Buy @ Market Symbol: GBPNOK Timeframe: H4 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 11.87052 PP Y1 - TP - Resistance @ 11.8979 - Yearly Pivot Point Support @ 11.61425
Price closed below 11.81233. Take Profit at 11.63134. (GBPNOK)
Monthly: -Price is moving in between two monthly levels. Weekly: -Bullish M pattern. Daily: -Bullish M pattern. -IC. 4H: -Inverse H&S pattern.
GBPNOK price closed above 12.14499. Price retested 12.14499 level. Take Profit at 12.41918.
selling<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
looking for buys in this pair >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
The chart looks really good, the buyer has strength on the upside and is not loosing it inside the range. The seller however, looses his strength with every touch of the top of the range. Right now the price is good and it is making a mini range on the 1H chart. If this range holds, there could be a possibility for a long continuation after the upcomming GBP...
Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ Looking at Monthly we're about to have a cut for short on the EMAs, though we still have a bullish due to MACD above 0. Also looking at Weekly we have an ICI, we already have the impulse and the retracement up to the 0.50 of the fibonacci...
next week currency strength details USD = STRONG EUR = WEAK NZD = WEAK AUD = WEAK GBP = STRONG (IN KEY LEVEL) JPY = STRONG CAD = MIXED CHF = WEAK(IN KEY LEVEL)