Usdnoksell
USD/NOK SELL SETUP AS PRICE LAST WEEK WENT DIRECTLY UP WHAT I DIDNT EXPECT, WE COULD BE LOOKING NOW AT THIS SETUP.
I BELIEVE NOW MARKET MAKERS HAVE ENOUGH LIQUIDITY TO CHANGE DIRECTION, AS MANY BUYERS WILL BELIEVE WE BROKE OUT AND COMING BACK FOR A RETEST TO CONTINUE.
BUT BE AWARE AS WE HAVE ALSO FUNDAMENTALS COMING ON THIS WEEK ON USD.
USE ALWAYS GOOD RISK MANAGEMENT!
USDNOK to reverse from downside confirmation, potential drop!
USDNOK to reverse from its downside confirmation at 8.68724 where it could potentially drop further to 8.65682.
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USDNOK to reverse from downside confirmation, potential drop!
USDNOK to reverse from its downside confirmation at 8.72425 where it could potentially drop further to 8.68724.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK to climb from upside confirmation, potential bounce!
USDNOK to climb from its upside confirmation at 8.69565 where it could potentially bounce further to 8.72425.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK Brink of Bearish MoveUSDNOK affected by oil reactions over the last few weeks - forming a wedge pattern as a result that could see a break to the downside. Contributing to the fact of a strong #Dollar, in addition to #Oil bullish prices. #huracanfx
A push to the downside as #Daily Resistance confirms our trade additionally as a third possible touch around 8.82000 as price hovers expectantly around this barrier.
The downside carries the recent 4hr low at around 8.874200 zone with support levels following soon at 8.73500 and the final 8.70000.
Daily Third Touch Possible
4hr Wedge Formation
4hr Wedge Formation Outlined
4hr Support Levels
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USD/NOK: Swing-Setup! Awesome DT to SELL!#OpportunityHey tradomaniacs,
welcome to another free signal!
Important: This is a Pullback-trade! Don`t risk too much!
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Type: Swingtrade
Sell-Limit: 8.49860
Stop-Loss: 8.71623
Target 1: 8.27874
Target 2: 8.13974 - 8.10223
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Peace and good trades
Irasor
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Any questions? PM me. :-)
HIGH PROBABILITY SHORT TRADE IDEA ON USDNOKPrice reversed from a resistance zone and broke out of ascending wedge.
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Price has made a corrective structure and retested the broken structure that lined up with resistance level, 3rd rejection of minor descending trend line, 61.8 Fib ratio and moving average.
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Considering that price has broken corrective structure CTL, the price has the potential to move downward towards support zone.
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Best of luck on the chart!
USDNOKBearish engulfing pattern plus double top
Preceding uptrend
We will wait for a decline pattern in 4h most likely. The shown operation would be the best I can currently see. However there's chance price is not able to go up to the segmented black line so either way we will look out for a potential bear control in 4h-1D. I'll be using for the japanese candle strategy, bollinger bands and linear regression.