NOKDKK
NOKDKK - KRONE / KRONE - 4hr What to expect - ForexI'm 2 for 2 on NOKDKK swings, can we get the third swing? Like the NOK/JPY pair, the NOK/DKK pair also looks to want to reverse trend soon. This ticker actually looks like its has already done its pullback and tested lows and is now going to swing up. It could pull back again but I would be looking for longs for now. I'm not personally taking a trade on this pair but rather the NOK/JPY pair, (see chart). But not a bad reversal signal. NOT FINANCIAL ADVICE - TRADE SAFE.
NOKDKK - Norwegian / Danish Krone - FOREX - 4hr expectationsSee my previous chart on NOKDKK where we predicted its swing up. Now NOK/DKK appears to be failing trend on 4hr, giving us definitive closes (circled area) below our last leg up (green line). Marked with texts were the levels to hold and seeing as the bottom looks to have failed, it has a better chance of going down. We are currently trading @ .77593 after a retest of highs/ "pullback", which is where I like to take the position. Probably going to get short on this, we will see how the open goes today. Targets are the lines below current price, stop loss around .777 depending on open today. NOT TRADING ADVICE. TRADE SAFE.
NOKDKK - What to expect on 4hr - NORWEGIAN DANISH KRONE - FOREXWe can see that its clearly in a decisions making zone. Will it go up or will it go down? This is a NO TRADE ZONE FOR ME. I wait for it to signal by closing on one side of these lines to signal continuation or reversal BUT WE DONT BUY OR SELL THAT BREAK OUT. We wait for the pullback and get in or ladder in there. This makes your stop loss a no brainer and you didn't have to try and catch the knife. Instead you let if fall and you picked it up off the damn floor. NOT FINANCIAL ADVICE. TRADE SAFE.
