NOKJPY is in a bearish trend as it is making lower highs and lower lows.
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
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...
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
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.
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
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...
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The 5 EMA has Broken above the 13 EMA on the 15 Minute Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
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.
Let us see how far market will go. Thank you. Please, like, share and comment.
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.