EURNOK ReboundIt's rebounding on the fan. EUR is not having a good morning, so a nice add for those that jumped in the last time I had this pair up. For new comers it might be a small entry for you. We are below all ema/ma's, rsi can't make new high. I believe a few coins can me made on this trade. Shortby chastic4
Indicators show positive divergence -> reduce short positions- Ichimoku setup is bearish. Support zone is 8,94-8,98 - Heikin-Ashi has an interesting message: candle is still bearish without upper wick, buthaDelta and haOscillator both show positive divergence. haOscillator is also above its mid line. These may be early signals of possible momentum loss and start of consolidation / pull back. It is wise to reduce shorts if you have, but no need to cut it all. - MACD histogram is ticking higher too Try to re-sell (or sell more) in case of retracement to 8,94+ by Kumowizard7
EURNOKThis market closed below the support zone. Wait to short on pullback to the broken zone.Shortby Casey_Yeo4
EURNOK Breakout 3TAPWaited for this to happen for some time now. Hopefully patients will pay off. I have a pretty aggressive short position. Be aware of my stop loss. It is large, but it needs to be over the breakout line so I do not get stopped out if/when stop loss hunt begins. Profit could be bigger than I show, but currently I limit it around 8.83730 which is the last time 200MA had a consolidation. (Zoom out on the chart to see)Shortby chastic8
EURNOK Norse resistanceEURNOK might not be the most popular pair, but it sure is graphical. Look at this 4TAP formation. You can be sure if that breaks, it will fall like a stone. If not, it might bounce up to a nice long which will eventually find support resistance again at 55MA, if it breaks that we look at resistance at 200MA. Really looking forward to see what eurnok does over the next week. by chastic3
EURNOK LongEURNOK has hit a resistance level at around 8.929 and I would look for a rebound upwards. There is also a wedge forming which further emphasises the long recommendation. We can also see an uptrend on CCI and RSI was close to being oversold before it showed some momentum upwards. I would look for a return to the diagonal trendline as a first target, and a return to around 9.12 as a second target.Longby OP2472
TRIANGLE PATTERNWait for breakout from triangle and enter the trade wit target as on chart. My favourite call is to south as continuation move, Pattern might need to be redraw as unfolds.Shortby pablo82Updated 8
EURNOKThis is a really great time to long the EURNOK. Based upon R&R alone we have a chance in this support zone to play the overthrow on the bottom TL, or play the range back up from support. Either way the risk is very small here so well worth the risk. Stop below the support zone to play it safe. The target on this will only be my first target i think if the top TL breaks we can go much higher. But will wait and see over time.Longby Art-of-FX4
Sell signal in the rangeAll important signals marked with ellipses. Please note EURNOK is still trading in a range. For a major trend start it has to break 8,94. Anyway, the bias is short now.Shortby Kumowizard119
Eurnok Short At Major SupportANALYSIS AND RESEARCH: We can say that it is moving in clear consolidation zone and for most traders this area is more interesting for trend reversal trades and it acts like the same so in our opinion if it drops more and breaks below lower trend Line then we can expect it to drop more towards the flag possibly. Eur on overall basis acts as weak pair so keep an eye on that as well. Extra News Related to this Pair: According to zukumati sarkoshi our cheif analyst saying that if it drops below the lower major support it is armageddon for eur/nok pair let us see which way it will fall. Shortby Muze3
EURNOK - UPTREND FORMING(?)This post is a bit hypothetical and completely out of character for me, because I usually trade after I've received complete and total indication that moves are going to play out in my favor, but I've seen this pattern play out so many times that it seems silly not to at least make you guys aware of a possible way this pair could develop. I see an uptrend forming here, considering the strong RSI, as well as the recent bounce off of the support. Keep an eye on this one, and get in if you feel comfortable. Longby Phoroneus3