GBPNOK trade ideas
GBPNOK BULLISH BAT FORMATIONGBPNOK this pair is at the last part of bullish bath , so if the price reduces back to 10,800's , we can long from there , keep following this one ...
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
You will not pass this limit!!!FOREXCOM:GBPNOK
Strong resistance in the area of 11.25 - 11.26.
In the whole year 2018 he had not touched that resistance, and he is doing it now, at the end of January.
That level had touched him in May and December of 2017.
We believe that it is a very strong resistance and that everything leads to a rebound.
In minor temporalities, 4 hours, 2 hours and 1 hour has made double and even triple roof, clear figure of change of trend.
Happy trading !!!
Swing low for GBP against NOKReversal at the top of swing in up trend. Good entry. Stop a little tight.
GBPNOK: Long on Channel Up buy signal.The price is trading inside a 1D Channel Up, which has recently priced its Higher Low (RSI = 54.649, MACD = 0.000, Highs/Lows = 0.0111). We are expecting a Higher High now, hence we are long with TP = 11.200. In case the price reverses to test the support we will open an additional long at 10.800.
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EDUCATIONAL : How Not To TradeI am reviewing this trade-setup. This is not in my trade plan. This is not a parallel channel. I am reviewing this trade-setup. I took curve fitting to a different level on this one. Clearly, this is not a technical pattern (Channel).
This what happens being in front of a chart screen too long late at night and drinking Christmas Beverages.
Brexit+Oil TradeIn all likelihood given the current FA Brexit is doomed to fail in parliament. Meanwhile Oil has been given a resurgence with Russia and Saudi's pledging to cut production. Qatar has pulled out of OPEC chasing LNG. Perfect trade for that scenario.
Technicality's: Price below Cloud, tenkan below Kijun, Chikou is below the price, Future cloud red, Price not far from Kijun or tenkan, Tenkan, Kijun and Chikou not in the cloud nor the price.
TP Targets: 10.82, 10.59, 10.35, 10.12
GBPNOK: Long term short.GBPNOK is trading within a long term 1W Channel Down and has just made a Lower High. With 1M neutral on RSI = 51.074, CCI = 29.2202 and Highs/Lows = 0.0000, the price is on the most optimal levels to short on the long run. TP = 10.56170 & 10.4500 in extension.
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.E7 STRUCTURE FORMING
NOT MATURE YET BUT EVOLVING BE CAREFUL!!!
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
GBP/NOK possilble 5th bullish wave?I see GBP pairs bullish at the moment.
Profit Target:
10.77
Stoploss:
10.66
Have a nice day,
Berk
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.E4 STRUCTURE
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
