First, it will experience a return upwards and a collision with the resistance area, and then it will go down to the supportive blue trend line. If the pattern line is broken, we will have a drop to the take prafe point.
Buy it now. Green lines TP zones. Wish you good luck.
Watch how USDNOK currency pair reacts to price level 9.76525. I am expecting a "bounce up" from 9.76525 price level.
USDNOK has peaked for now, above is weekly chart. At least another week of loss before attempting another high. USOIL moving down from a peak also, USDNOK correlated to oil commodity.
Price hacve hit a trendline and showing signs of exhaustion. 10.00 is also a major area for USDNOK, only been above this level once according to my memory ( covid crasy ) I expect price to come down and test the lower parallell trendline projection and with that confirming a channel. Rate decision on thrusday 23 of june, and price likes to move before the...
USDNOK our analysis for long term ………… ………… ……….. ………… ………… ………… ………
The third wave has ended, and the fourth wave has begun to fall. You can go short, and the target is as shown in the figure.
Main Pattern: probably weekly rounding bottom Entry now, Stop 9.45 Target 10,80~
Again fast trade. There is no time for description. Update will coming. Small size.
I used price action knowledge to gauge the momentum of the market and determine the weekly bias.
Buy this pair now at current price 9,42200. Do not have time to write too much. It will go higher soon. Check my previous analyses.
Suggesting to buy USDNOK now at current market price 9,3268. Small size, maybe we will need double this position. Update later.
USDNOK reached the top of the Price Channel and seems to move nice down again to the bottom of this channel. Using the 4H charts with Pivot Point SuperTrend and Price Channel. For more profitable ideas, like this idea and follow us!
Thanks to Nick who Taught me this . He make this really simple
usdnok break resistance and strong buy move up resistance
Weekly: Bearish W Daily: h&s 4H: Bearish W
Weekly: inv h&s Fakeout Daily: Bullish M We expect to reach the -27 4H: inv h&s + Bullish M We had a fakeout after a fake out, which gives me more confidence to take the trade long