AUDNOK trade ideas
AUDNOKAUDNOK have completed 5wave over the years n currently corrective 3 waves seems done.
Head and Shoulders are done and currently broke the neck.
Next could be a bigger impulse down in 3 or 5 waves.
My opinion.
Fibonacci Circle BreakoutA breakout of the 1.618 Fib level
Previous resistance can be seen at 1.618 (hammer)
Price has now passed straight through this area, now it should act as support
The fib circle is created by using the strongest trend available on this 9H chart
AUDNOK $AUDNOK Initial LongAUDNOK $AUDNOK Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Great trade🔥Get ready, wolves🔥
One more triangle for today.
There is a Symmetrical Triangle on AUD/NOK currency pair.
The price was in a slight Bullish trend before this huge consolidation.
Will it be a good confirmation for bulls to go long.
However do not rush the trade.
Just follow the chart and look for the clear breakout.
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Great triangle⚖️Tired of small frame?! Here is the symmetrical triangle on 1D timeframe on AUDNOK instrument.
There was a slight bullish sentiment before. After that the price entered into consolidation and has drawn symmetrical triangle.
Interesting formation to make money.
Follow the chart and look for the best entering price carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Forex-second love🔥Tired of small frame?! Here is the symmetrical triangle on 1D timeframe on AUDNOK instrument.
There was a slight bullish sentiment before. After that the price entered into consolidation and has drawn symmetrical triangle.
Now the price made possible breakout of resistance zone . However it is not too late to earn money on this trade.
According to Elliott Waves theory all the waves are done and broke the zone.
Follow the chart and look for the best entering price carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
AUDNOK_SELL*AUDNOK
*breakout done
*entered on retest as marked in red circle
*targets & stoploss is mentioned in chart itself
*hope this chart pattern helps!
Thanks!
I am still a learner, expert views required!
aud nok looks ready to break weekly resistance aud nok is looking good from here
weekly bullish momentum
15 minute ichiomoku breakout
weekly momentum resistance has broken
weekly rsi has broken
Right on weekly resistance near break
aud nok long7 hour stoch rsi reversing bullish
7 hour momentum rising
7 hour rsi rising
price above 7 hour green moku cloud
7 hour green moku cloud ahead
price above 15 minute green moku cloud
green moku cloud 15 minute ahead
AUDNOK is in the Upward Channel!We can look for an accurate Buy entry.
Reasons:
- the price is on the Upward Channel;
- the price can break the Support/Resistance Zone;
- the trend is bullish;
- potential profit will be in 3...5 times bigger than risk.
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Before to trade my ideas make your own analysis.
Thanks for your support!
AUDNOK - Long term divergence may show impending correctionA long term divergence on the RSI may indicate a downward correction.
Aud vs Nok weekly trade watchAustralia battles it out with Norway this week. Who will take the lead and win the battle of price action !!!
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It looks as though the reversal going north has occurred.It has broken north of the trend line on four hour chart, there may be a small pull back, but looks to go up.
Sell AUD Buy NOKHourly
Stoch showing negative/down correlation
MACD trigger crossover negative/red territory
Three black crows
S/L 6.02431
T/P 6.01042
T/P 6.00699
R/R 1.22
R/R 1.76
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