GBPNOK
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.
GBPNOK SHORTPrice has broken out of the first triangle, second triangle not indicated in this case. Looking for a pull back into the green zone to go short. Over 2000 pips potential
GBPNOK - forceful move off of TD9 resistanceGBPNOK looks like it will continue up to the monthly target.
This chart is just for fun, trade at your own risk
GBPNOK ShortHello Traders.
Daily shown multiple failed attempts to break resistance, now correcting. Targeting support.
Target 2 is the main target.
Good luck traders
GBPNOK Double Target action planPattern: 1M Channel Up.
Signal: (A) Bullish towards the potential Double Top and (B) Bearish towards the 0.382 Fibonacci retracement.
Target: (A) 11.5200 and (B) 11.1600.
GBPNOK Sell SignalPattern: Rectangle on 1D.
Signal: Bearish after the price was rejected near the 1D Resistance.
Target: 11.0575 (top of the 1D Support Zone).
I think I’ll trade this Wolve MMHVW - see chart - I’m placing a short order. And look for a bull shark at the end
GBPNOK: 1D Channel Up. Buy opportunity.The pair is trading inside a 1D Channel Up (RSI = 51.618, STOCH = 45.324, MACD = 0.059) and has just made a Higher Low. We are expecting a rise towards a Higher High next. TP = 11.6200.
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