U.S. Dollar/Norwegian Krone USDNOK

ENJOY MY ANALYSIS OF USDNOK. MY IDEA IS TO GO SHORT. MIN TARGET FIBO 38.2.https://www.tradingview.com/x/lGStWVR0/

Wave (iii) coming to an end, expecting therefore a pullback as wave (iv), wich ideally should end inside the channel. As long as price stays above wave (i), the view remains bullish.

for 50pip

Short position can be try with stop loss above the double top. Stop loss and targets mentioned in graph.

The FOMC's latest meeting minutes highlighted the data from the US continues to be good and rate hikes are still likely leading to a boost in the USD. USDNOK we had been monitoring around the key support of 8.3000 to see if the market would break or bounce. Since we have seen the market bounce from this area we could be heading for higher prices especially if the ...

Retesting prior broken trend line Retesting short term falling trend line ABCD completed at 1.271 extension Stochastic overbought Shooting star candle Earlier longer term setup here

The pair is trading on a long term 1W Channel Up (RSI = 56.126, MACD = 0.050) that is near or has priced its Higher Low (Highs/Lows: 0.000). Long term buy position with TP = 8.6500.

Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.

In this video we explain how the USDNOK pair could move lower into the key support zone of 8.3000. The market is back into a key weekly trendline resistance and looks to be rejecting with the 4hr timeframe breaking a key supporting trendline. Looking for shorting opportunities on the re-test of structure making stops are above key highs.

USDNOK(4hr chart). Bearish Butterfly, RSI b-div.

USDNOK Sell ,,,Bearish Harmonic Pattern ,,Trendline broke and tested

We probably topped near the descending resistance of the falling channel on the weekly, while Stochastic coming off overbought area. The price is also about to complete a small double top formation at that resistance(The pattern will be confirmed only if we close this week below the neckline at 8.2889). As we are approaching the shorter term rising trend line, ...

In today's video breakdown we again look at USDNOK and assess how the market has been moving and how we would look to trade this with the anticipation of this market moving higher into the key resistance zone.

Bullish trending channel forming a cup and holder. I anticipate a consolidation or retracement to form a handle for the cup or a straight shoot up to complete the cup and holder pattern target.

Think this will fall some more. Failed to create higher highs. Looking for it to fall below this support, retest it and look for an entry to go short till next support.

Possible Target 8.424, Bullish Pin Bar on 20 ema.

With a SZ that has been tested 9 times, let's monitor if price still respects this zone. Will be taking a short position with a confirm rejection.

Use your own confirmations. Reasonable risk management.Exotic pairs are quite heavy. Correction is more than welcome. :)