U.S. Dollar/Norwegian Krone

Butterfly completion 1.27 AB = CD

Bat + Falling Wedge + Divergence

Neckline of inverse H&S has just been broken on this pair, pattern targets 8.53, awaiting retest.

enter to sell if confirming below 8.18

Notes on chart . Best luck

Working on a new REVERSAL indicator … Almost every signal of the "MM-Reversal-King" was right. 11 out of 12 is not that bad.

Action: Sell Limit at 8.477 T1: 8.407 T2: 8.308 S.L: 8.516 This Trade will have Risk of capital of 2% For more details about the trade and all Stats since start of journey (May 11) https://goo.gl/rtfmna Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Remember -Never risk more than 2% of ...

Short

scalping

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Idea: I am expecting the long to have reached its maximum price limit at 8.51719 with a possible extension to 8.60216. Cons: The bottom has to hold at 8.31157.

USD/NOK had formed a channel down prior to breaching this pattern to the upside. From technical perspective, the given breakout did suggest that the pair should have gone for a rally; however, the 200-hour SMA proved to be strong resistance, halting the Greenback on several occasions. A rebound from the channel has not occurred yet; thus, the a near-term direction ...

scalp

I think it is better than EURNOK.. I wait it breakout and then open order.

high spread but possible good trade

FX:USDNOK

Hi traders, Keep an eye on this one for a short set up. It could test the previous flag support as resistance where we could see a nice move down. Best regards, Tom_Killick