NOKDKK - Norwegian / Danish Krone - FOREX - 4hr expectations
Updated
See my previous chart on NOKDKK where we predicted its swing up. Now NOK/DKK appears to be failing trend on 4hr, giving us definitive closes (circled area) below our last leg up (green line). Marked with texts were the levels to hold and seeing as the bottom looks to have failed, it has a better chance of going down. We are currently trading @ .77593 after a retest of highs/ "pullback", which is where I like to take the position. Probably going to get short on this, we will see how the open goes today. Targets are the lines below current price, stop loss around .777 depending on open today. NOT TRADING ADVICE. TRADE SAFE.
Note
Two profits hit before getting stopped out. GG.Note
Ended up giving a major move down. GG guys. GG.Trade closed: target reached
Related publications
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.