USDNOK
USD/NOK daily perspective after a huge impulse the price has corrected to 0.5 Fibo and showing good respect to this level, and for now it seems pretty logical and obvious, that the price has to close the shadow and test the neckline. long.
Update on USDNOKPossible long trade opportunity on this pair.
Wait for a higher high, aswell as for the resistance at 10.692 getting broken.
If a uptrend is confirmed in your trading system, the first price target should be 10.911, the second 11.224.
Stop Loss is at 10.385.
Thanks for Reading :)
USDNOKPossible Breakout Trade.
Wait for Confirmation, maybe consolidating a bit more.
Kumo Cloud acts as major resistance here.
Don't trade inside the Kumo Cloud.
Usd/Nok Long up the resistanceUsd/Nok can grow if breaks the actual resistance.
Buy limits are displayed on the chart.
U.S. DOLLAR / NORWEGIAN KRONE (USDNOK) DailyDates in the future with the greatest probability for a price high or price low
U.S. DOLLAR / NORWEGIAN KRONE (USDNOK) WeeklyDates in the future with the greatest probability for a price high or price low
U.S. DOLLAR / NORWEGIAN KRONE (USDNOK) MonthlyDates in the future with the greatest probability for a price high or price low
Breaking downYou could argue a triangle here. Looks like it's slowing momentum, and loosing smaller tf support.
Be carefull tho. No significant tf support beeing tested yet.
USDNOK | What next? USDNOK are in wave 4 - the most complex and uncertain. Can just buy from support levels
USDNOK sell at least till retracementBoth times retraced to fib 0.618 which means even if wants to complete daily elliot, it should first normalized to fib 0.618 as a rule of tomb. I want call this strong sell!
Short as US cuts its rateNon stop hike might come to an end with double top on USDNOK and as virus hits the US hard. Rates are almost 0 and on National Emergency it is certain that Dollar will lose its strength. Any ideas are welcome. Thanks
USD/NOK short/sell idea. almost 6700 pips move...In the name of ALLAH who is most merciful and the master...
We take trading as a business, not a gambling stuff.
We have calculated approximate risk to reward ratio.
Please note:
-> Never go beyond 1.5% risk of your total trading capital on a single trade,
-> Always move your stops to your entry levels after the price moves 100 pips towards target,
-> Close half of the trade position after market makes half movement towards target.
USD/NOK short/sell idea. almost 4000 pips move...in the name of ALLAH who is most merciful and the master...
USDNOK idea short USDNOK idea short
The price reached the top line of the channel and turned around , I expect a drop
ridethepig | CADNOK Market Commentary 2020.03.02Eyes on the technical breakdown in CADNOK to kickstart the week, a few important updates to make here as intervention begins globally from Central Banks and OPEC.
For those tracking Oil you will know we got the massive meltdown that we have been expecting in the chart-pack since last year:
I am tracking a much larger than expected cut from OPEC at 1mbpd and would therefore recommend trading a bounce in risk markets. The view of a cut from BoC this week seems a done-deal too - this will start the round of global easing.
On the technical side, targeting a fresh breakdown into the stops at 6.8xx. Invalidation is found above the recent highs. Thanks as usual for keeping the support coming with likes, comments and etc!
Eur Hkd inverse The direction of the present trend of of inverse Eur usd in the future is the same of sp500 , strong long and then strong short for eur usd .
