GBPNOK
GBPNOK looking up 🦐GBPNOK on the 4 h chart After breaking the minor descending channel, broke above the resistance and currently retesting it.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long 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 trigge
GBONOK on a channel break 🦐GBPNOK on the 4chart is moving inside a descending channel.
The price after the last bounce over the monthly support at the 11.44 level starts a bullish move and now testing the upper trendline below a minor resistance.
IF the conditions of Plancton's strategy will be satisfied, we can set a nice long order
--––
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.
Leave a comment that is helpful or encouraging. Let's master the markets together
Bullish on GBPNOKIt appears we pivoted. Bullish signals rang sounding clear. 1-2 pattern post pivot, beginning of Wave 3. Therefore, Fibonacci Goals in green, invalidation in red. Good luck - this is not financial advice.
GBP NOK , long The pair has just broken above the daily resistance now turned support and testing both daily resistance.
As we can see its rejecting the fib step by step and will break above the structure.
GBPNOK AnalysisBuying opportunity on GBPNOK. Waiting for a clear breakout and retest, then we will enter for buy
GBPNOK where to sell? 🦐The market has recently broke the weekly structure in red and now is just retesting it.
Price has been pushed below few times by the EMA.
According to our strategy we can set a nice short order.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
GBPNOK Sell SignalPattern: Channel Down.
Signal: Bearish as the price is below the 1W MA20.
Target: 11.1000 (potential contact with the 7 year Higher Lows trend-line).
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Previous GBPNOK signal:
GBPNOK JUNE 1-5FOLLOWING LAST WEEKS DOWNTREND
WAITING FOR RECTANGLE TO BREAK OUT OF CONSOLIDATION
4 HR FULL BEARISH CLOSURE BELOW 11.94389 CONSOLIDATION, ENTER SHORT
GBPNOK 4HWe are at a key support line. I’d wait until we get a higher timeframe (4H) confirmation of a push up before taking a buy position.
Quantitative Trading Group GbpNok AnalysisGbpNok Sell @ 12.70154
Tp: 11.9904 Sl: 13.0684
4 hourly time frame
Our trading approach is solely based on a quantitative trading approach. We use a combination of momentum and reversal as part of the general strategy in quantitative finance to predict the net sellers and buyers in particular assets we trading. We are taking a sell on gbpnok on the H4 time frame as it has an accumulation of 5 net buyers with a quantitative power reversal commutative value of exactly 925.
It is, however, difficult to illustrate this on this platform as it is restricted to technical tools.
