Golden opportunity to shot nok on the long term? It looks valid. Lets give it a try
EU have had a good run lately, but it seems over, for now at least. EURNOK is a bit special to me. Won a lot, lost a bit, yet, I keep fixating on it because of the large swings and very clear formations it makes. Finally it has come to a point when it is either breaking out short or consolidating. Looking at the past six days, it couldn't make new tops, it's...
Target for our strategy - long term: 1st :8.48 2nd: 8.14
A breakout just happened on this pair. I'm only in for a small amount, because EUR has released strong numbers and volume isn't strong. It have been building up cash for over a weak now. But it's a solid breakout, with an exhausted candle yesterday. There is always the chance it might pull back a bit, in US market open, so you could wait. If RSI is diving under...
It's rebounding on the fan. EUR is not having a good morning, so a nice add for those that jumped in the last time I had this pair up. For new comers it might be a small entry for you. We are below all ema/ma's, rsi can't make new high. I believe a few coins can me made on this trade.
Waited for this to happen for some time now. Hopefully patients will pay off. I have a pretty aggressive short position. Be aware of my stop loss. It is large, but it needs to be over the breakout line so I do not get stopped out if/when stop loss hunt begins. Profit could be bigger than I show, but currently I limit it around 8.83730 which is the last time 200MA...
EURNOK might not be the most popular pair, but it sure is graphical. Look at this 4TAP formation. You can be sure if that breaks, it will fall like a stone. If not, it might bounce up to a nice long which will eventually find support resistance again at 55MA, if it breaks that we look at resistance at 200MA. Really looking forward to see what eurnok does over the...
EURNOK is trading at some interesting levels, if the breaks key levels; I will be a seller.
FX_IDC:EURNOK At Divergence... Safe Trades;
FX:EURNOK Safe Trades;
Looking good right now as breaking the lower Trend line of symetrical triangle Reasons to short Symetrical triangle breakout About to reverse to downward trend volume is on fire Financial institutions are willing to sell Similar Eur pairs are moving down and forming same sell patterns 1 By 4 Risk to Reward Ratio Upper Trendline Rejection
In the daily time frame. EURNOK formed a Wolfe Wave. I am a bit late on this one but it is till a nice setup to enter a short and exit at the 1-4 line.
Possible head and shoulders forming but also a topping pattern of lower highs and doji candles.
we are seeing a topping pattern that continues to get tested. Best way to play it is to bet on past patterns repeating itself until the inevitable breakout.