FX_IDC:GBPNOK Fighting the previous Structure at this moment,check lower timeframe (blue line) Safe Trades
Below 10.20, it is suggested a short with final target at 9.60. Long term trend is downwards. In the short term, pair is moving upwards. At current level, it is appropriate not to take any position, since direction is not clear. Below 10.20, downtrend is again in place.
Got my first sell once the double top formed waiting for another entry at my highlighted zone. Lets wait and see!
Hi fellows, i am expecting bearish wave on this pair if price break up and change the pattern i will look for change in pattern and structure. if impulsive move appears then look for short.
GBPNOK H&S formation. The inverse head and should pattern is about to complete, right shoulder forming.