OPEN GBPNOK daily tradeThe buy zone is between the the green and red lines. It's recommended to limit buy close to the green line, in order to guarantee the position. The red line is about 250 pips below the green line, and acts as the stop-loss level. There is no target price yet. This trade will be monitored once every evening. If there is no update, it means the trade is still active. Once the trade is closed successfully, a risk-to-reward ratio will be determined. This strategy only requires reviewing the price action trend once every day. Longby ikeel222
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKSLongby GWAVEUpdated 4
GBPNOK H&SI think I see an inverted H&S pattern, will play it while keeping an eye for a reversal for the bigger downward trend that is on the horizon finally.Longby KeTrader3
38.2% Retracement LONG GWAVEGWAVE LONG, 38.2% Retracement . FIB Retracement Percentage is calculated in Higher Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKSLongby GWAVEUpdated 3
Sell: GBPNOK, Doubletop and retest of resistance.I am going to sell it before the break of the Double top botton, but it would be good to only sell it after the break. If you stick to my approach, I advise you that, if the price makes a return point at the botton of the Doubletop, buy it back and wait for the break. We are going to lower our stoploss at any touch of the down trend line.Shortby Marcos2cb0
GBPNOK Trade SetupHello Traders! GBPNOK has broken out and just retested the trendline with today's candle. It is a Good opportunity to short if you can handle the risk.. This is overall just an analysis rather than a trade because it is not worth taking..Shortby DAVID_GIRALDO5
GBPNOK 4HUsually don't trade exotic pairs, but here I see a nice potential opportunity. Price is sitting on broken resistance now turned support, rejecting the 200 EMA & is in consolidation. Will be watching for a break back below or bounce back to the top of the range & potential breakout of the top for uptrend continuation. Lets observe how it plays out there is a good amount of pound news this weekby Profound_AmbitionUpdated 2
Bullish Wedge GBPNOKbuying entry of five drive wave. Good risk and rewardLongby SimonAlex98081Updated 1
Correction GBPNOK educationalHello Traders, Correction in a channel/triangle for wave b or x Your reflection and contribution to this thought analysis are highly honored. Thank you.Educationby yikboyx3
GBP/NOK Covering this exotic pair by request .The Sterling expected to gain value as we notice its increase in value after Brexit. Expecting this pair to rally to the 12.369 Support level which if next weeks news happens to go in our favor we could be into some good selling / buying territories. Key levels for this week include 9.84 , 11.07, and 12.369.by trentin8083
GBPNOK short for 8/4Daily candle analysis suggests that GBPNOK is ready to make a move lower. I will be accumulating short entries on the 15 minute time frame. 10 pip stops, 50 pip take profits for each entry. Shortby BACapitalManagement3