GBPNOK trade ideas

lluminatus

Due to technical and fundamental reasons I see GBPNOK heading down

UhXeL Updated 

Here's a suggested description for the trade on GBP/NOK for TradingView: Trade Analysis: GBP/NOK Symbol: GBP/NOK Entry Point: 13.30491 Tak Profit: 13.40941 Trade Summary: The GBP/NOK pair presents an intriguing opportunity with a expected entry point again at 13.30491.The maximum value projection at 13.40941, Careful risk management and vigilant observation...

TheodoreToke

I believe GBPNOK may retrace to 12.86 once more after getting close to important 2020 support/now resistance.

TheodoreToke

Looking upwards, GBPNOK may start a downtrend to test the 12.80 area again. Weekend ahead, spread and overnight gap might be dungerous here

TheodoreToke

GBP/NOK possibly going long following previous trend up and down

Amigocsek

we are above weekly and monthly levels! we can repeat the highlight of the year again! let's see if we can break through! long term trading

fugutrader

Previous support found at the 50 Moving Average and is indicating a possible Swing up. Be prepared for a retest and failure and a continuation of recent down move to find next support level

aatifbabar86

GBPNOK was trending in a bearish trend with a long held bullish divergence. Divergence has been played and it has broken above the LH indicating start of new Bull Trend.

malbooth

I have selected eurnok short to 11.515 to 11.260 areas but I also predict gbpnok to sharply drop especially after the 7am today forecasts on retail which are expected to be down.

mhali470

GBPNOK - After bearish trend market goes on accumulation phase and then break and again price goes down to print new LL at 12.89786 and move upward upto 12.98993 and print hanging man which signaled LH printed and price again goes down to break previous LL and may printed new Lower highs and lower lows.

FazalSiyal

GBPNOK is in bearish trend as it is printing lower highs and lower lows

MaxsimRaxa

A bearish trend seems to be weaker as bullish divergence on RSI is printing on GBPNOK 1 hour time frame, that's shows the possibility of trend reversal. If previous LH breaks, I would suggest to take a long entry. that can be a good trade. if you guys are agree to my idea, follow my trade plan. trade safe!

RlcTrading

This pair ran up above Monthly Resistance. I cant show everything in my mobile chart but this is at a sell area. Please wait for a sell signal before pushing the sell button. A good trend indicator will give you a good sell signal on the time frame you like to enter on. This is a long term signal for me

MaxsimRaxa Updated 

Bearish Harmonic Rerversal Pattern on GBPNOK 1 hour time chart showing and good opportunity to enter a sell entry as per described trade plan.

MaxsimRaxa Updated 

Bearish Flag Continuation Pattern indicating GBPNOK down trend on 1 hour time chart and can be a good long entry as per my suggested trade plan

MaxsimRaxa Updated 

Rising wedge reversal pattern is observed at GBPNOK 1 hour time chart and providing a short entry as per define trade plan.

kspilot

Analysis: GBPNOK is currently in a bullish trend. If the price touches Fib level 0.38, then we can enter in a long trade. For this trade the stop loss will be at 12.55741 which is the previous higher low level. ------ Trade ------ Chart: GBPNOK Type: Long Entry: 12.72248 Stop Loss: 12.55741 TP1: 12.88755 TP2: 13.05262

asjadm

GBP NOK created Bearish Divergence and will be shore below of 12.55859