Hello my Follower,
Here i have USDNOK in a descending channel making a move upwards...
it has broken the trendline within a structure and made a 50% correction and now it's heading for a 50% fibonacci zone of the descending channel...so basically, i am trading a correction pattern of the previous bearish structure...
I thank you
Here i have USDNOK in a descending channel making a move upwards...
it has broken the trendline within a structure and made a 50% correction and now it's heading for a 50% fibonacci zone of the descending channel...so basically, i am trading a correction pattern of the previous bearish structure...
I thank you
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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.