NOKJPY is in a bearish trend as it is making lower highs and lower lows.
Looks like we're in for swipe 2 to the downside. Keep shorting. MACD hist. is also pointing downwards, so we have a bearish convergence here.
In the 4-hour timeframe, a bullish signal emerged as the 13 Exponential Moving Average (EMA) crossed above the 5 EMA, indicating potential upward momentum in the currency pair. However, caution is advised due to the Trade Development Index's Fast Moving Average (Fast MA) surpassing 20, suggesting overbought conditions. Furthermore, Fibonacci Retracement analysis...
Here's what I see for this pair. Keep shorting and hold for the target.
NOKJPY cannot make a new higher high and it hits resistance level, so we can look for short order. Good luck. Stopping loss is necessary. Always keep it with your all trades.
Looking at the Norwegian Crone/Japanese Yen (NOKJPY) daily chart we can see that it has been ranging for a while after bouncing of our key price level at 12.250 a few months back and has been consolidating since then after failing to break above 12.880. Now looking to the right we can see that NOKJPY just broke out of our current consolidation and if it manages...
Hi there, NOKJPY is setting up for short. Watch MAs and look for short. Good Luck
High Risk NOKJPY $NOKJPY Initial Long. I will not be taking this trade. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
nokjpy sell my idea lower high and lower low if you like my idea please comment
NOKJPY $NOKJPY Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Overall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Bearish breakout : Entry price 13.6427 Take Profit 13.4026 Stop Loss 13.7543
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wait for the break out and a retest of a trendline. It will be a perfect sell setup.
Overall Average Signal from all our indicators suggests a Short. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Hi there, NOKJPY is setting up for a bearish wave. Watch the price action and look for short. Good Luck
Overall Average Signal from all our indicators suggest a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Head and Shoulder pattern is very likely, and a Pull Back also can confirm the idea.