USDNOK Daily Head and Shoulders breakdownHead and shoulders breakdown
Wait for retest
Short at 8.4374.
Stop above 8.52951
TP1 1:1
TP2 1:2
TP3 8.05430
Usdnokshort
USD NOK Bearish Shark Pattern and Double TopShort position can be try with stop loss above the double top.
Stop loss and targets mentioned in graph.
USDNOK trendline short at gartley pattern completionPrice has rejected from the trendline resistance and gartley pattern .
Pinbar formed on the daily time frame.
Expecting price to retest the ascending trendline , forming a triangle.
Able to short on the next retracement, stop loss above the daily pinbar . Profit target on the ascending trendline
USDNOK trendline and 4h gartley patternPrice has rejected from the trendline resistance and gartley pattern.
Pinbar formed on the daily time frame.
Expecting price to retest the ascending trendline , forming a triangle.
Able to short on the next retracement, stop loss above the daily pinbar . Profit target on the ascending trendline
USD/NOK is bearish on 2h chart!!!I see some divergence for histogram and signal line for USD/NOK.
Profit Targets:
8.2530
8.2268
8.2070
Stoploss:
8.31150
Have a nice day,
Berk
USDNOK Short PlayLong term expecting price to make it to 618 fib. prices have failed to push any higher which leads me to believe the dollar is weakening against NOK.
USDNOK short after trend line rejectionChart says it all. Upon rejection short with stop just above the trend line.
Down Trend Confirmed The 14. of March it failed making new highs. Didn't get much support yesterday to stay at 10ema. Indications is leaning towards a short, but major moving averages is coming up, and one should be aware that it might mean it'll zig zag in the shorter term charts. Pretty lofty SL I have set for my self. Looking through the macro economics show that Norway isn't as strong as they used to be. Currently I believe more in the dollar.
UsdNok Tremendous Short Must TakeIt is one of the best looking shorts with perfect upper rejection market failing to move higher.
I see lot of bearish people coming in and it seems like this is the max limit for any upside i am expecting way move down towards 8.266 levels decide your way.
Trade with care Muze(usd/nok).
USDNOK Going the way of EURNOK? It seems NOK & MXN are the only (obvious) currencies worth owning against the USD here.
