GBPNOK LONG - Buy Entry - D1 ChartGBPNOK LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: GBPNOK
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
Resistance @ 12.41680
Resistance @ 11.97872
Pivot Point Yearly @ 11.89933
Resistance @ 11.83269
Resistance @ 11.66966
Support @ 11.30668
Support @ 11.21511
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Gbpnoklong
GBPNOK LONG - Buy Entry - H4 ChartGBPNOK LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPNOK
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Resistance @ 11.99650
Pivot Point Yearly @ 11.89516
Resistance @ 11.83168
Resistance @ 11.72790
Resistance @ 11.66319
Support @ 11.30668
Support @ 11.21511
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GBPNOK LONG - Buy Entry - H4 ChartGBPNOK LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPNOK
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 11.87052
PP Y1 - TP - Resistance @ 11.8979 - Yearly Pivot Point
Support @ 11.61425
GBPNOK MULIT-TIMEFRAME ANALYSIS & TRADE - DAILY W & WEEKLY ICIHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/
Looking at Monthly we're about to have a cut for short on the EMAs, though we still have a bullish due to MACD above 0. Also looking at Weekly we have an ICI, we already have the impulse and the retracement up to the 0.50 of the fibonacci retracement.
Dropping down to the Daily we have a W pattern forming where we can see a retracement to the neckline or wick of the daily candle and a retest of the structure of previous resistance turns support.
Now on the 4H where we take our entry for the Buy on the neckline or wick of the W formation, though we still have a bullish momentum on this we will wait for the retracement before continuing its uptrend, stop loss is below the low and the take profit is at the fibonacci of the impulse of the W formation. Our entry for the Weekly ICI is on the 0.50 retracement where its also aligned with structure.
Trade Signals
BUY
Entry: 11.5815
Take Profit: 11.7230
Stop Loss: 11.5347
===================
SELL
Entry: 11.7225
Take Profit: 11.2265
Stop Loss: 11.8204
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER