EURNOK
EURNOK seeking to 3 out of 3 🎯💪Our RSI reversal strategy has enter a long trade running on EURNOK overnight.
This is a new strategy script we are trialling at the moment based on reversal trading using RSI as a one of the main contributing confluences.
New trade details are shown on the chart and we are working the 15M time frame.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Last trade was shared as an idea only yesterday before a new long presented overnight.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURNOK long seeking to make it two out of two 🎯Our RSI reversal strategy has a long trade running on EURNOK.
This is a new strategy script we are trialling at the moment.
Last trade included on the chart to show how this works which hit the desired TP target.
New trade details are shown on the chart and we are working the 15M time frame.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EUR/NOK - Trend reversal?the market reached new intermediate highs & shows positive signs for a bullish trend. So far, the market reacted to my stored trading area. However, we should remain cautious and wait to see more upside moves before we go long. In the chart you can see a possible outcome for a bullish trend reversal.
EURNOK 4H 375pip SELL - For week starting 29.3.2021What's up please comment what I can do better.
I have spotted a smaller head and shoulders pattern (0vert last 8 days) forming on the a pull back of the EURNOK downtrend which began this time last year. The 1D trend line (orange) was recently broken up and then back down, the most recent wick up failed on the 25th and lost momentum suggesting a considerable number of swing buyers have left the market, allowing the selling pressure to increase. The 100ma is in our favour as well as the TDI indicator which is turning bearish overall.
We're looking for solid confirmation of the neckline and the 100ma being broken (especially whichever comes last) before we enter this as price could simply be ranging irregularly and catch us out. Be careful entering this on Monday as there's more fakeouts at market open. If you get in this trade around the entry shown on my screen, I would set: TP1: 50pip TP2: 90pip at fib level 1.000 meeting the yearly low and TP3 at 375pip @ fib level 1.618. We're likely going to see a rejection of fib level 1.000 so make sure you break even at tp1. SL at 40-60pip.
If we hit TP2 definitely keep a runner as we're on a downtrend and want to see monthly and yearly lows broken.
Be careful my slimes
Vince / Vmoney
EURNOK for recent lows? 🦐EURNOK is now testing a daily support over an ascending trendline.
According to plancton's strategy, if the market will break below, we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
EURNOK - Reversal Soon!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURNOK is approaching a strong support in green and round number 10.00 so we will be looking for buy setups on lower timeframes.
on H4: EURNOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy. (after the swing high is formed as shown in purple)
Until the buy is activated, this one would be overall bearish and can still dive inside the green support before going up.
Good luck!
EURNOK Possible 3R Swing Trade EURNOK broke above the H4 horizontal resistance area, and produced a nice impulse. Now, after retracing back, the price is breaking above a bearish trendline.
The pair is showing new HH and HL on H4. Once the price breaks above the last area of resistance, which is marked up on the chart, it's possible to long on a retest.
Risk Management is the #1 rule, you can't control the market, but you can control your risk management. Stay calm and risk 1%.