Recent price behaviour indicates we have had end of long consolidation after last impulse to downside and we are heading south with big momentum.
Any pullbacks should be used as a good sell opportunities as target for next impulse is big.
cross market analysis shows weaknes of swiss frank and strenght of norwegian korone across all major currencies.
Therefore alll above leads me to conclusion it can be fantastic trade for coming weeks despite of deep movement done on this pair already.
Any pullbacks should be used as a good sell opportunities as target for next impulse is big.
cross market analysis shows weaknes of swiss frank and strenght of norwegian korone across all major currencies.
Therefore alll above leads me to conclusion it can be fantastic trade for coming weeks despite of deep movement done on this pair already.
Note
Note
End of smaller degree correction and continuation of the downtrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.