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Hi Traders, This is our view on this cross for the next few days. #NOKJPY BUY 12.43 SL 12.29 TP 12.71 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Eventually, any updates will be given in the comment section...
NOKJPY has respectedon the daily TF has made a strong bullish impulse followed by a nice correctio to test the daily support (demand zone) which it has respected , on the 4hr market has broke above this counter trendline/ descending triangle formation, after forming a nice double bottom. we can enter long on the retest.
NOKJPY market has rejected daily resistance with a strong bearish candle, on the 4hr we have bearish structure, on the 1hr market is trading inside of this descending triangle formation - lower lows into an area of support if the support gets broken we can look for a nice intraday short position.
Hi Traders, This is our view on this cross for the next few days. #NOKJPY BUY 12.250 SL 12.160 TP 12.470 #NOKJPY SELL 12.475 SL 12.555 TP 12.340 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Eventually, any updates will be...
We look at why Oil prices are supporting the Commodity-linked Canadian Dollar & Norwegian Krone. I analyse how markets use Manufacturing PMI data In the U.S to know when to buy and sell Oil based on demand expectations driven from Global growth. We can take the following trades BUY CAD/JPY BUY NOK/JPY SELL USD/NOK SELL USD/CAD
jump out of channel... fall may happen soon be ready for sell.. Enjoy..
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Waiting for a clear shift in environment from bullish to bearish for a great sell trade
Open Position: Buy 11.8713 (valid until 09.09.20) Take Profit: 12.0883 Stop Loss: 11.6540
Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for sell.
Looks like a short into a continuation wedge
Bull moves on the lower levels.
Based on weekly, possible breakout