NOKGBP trade ideas
GBPNOK looking up 🦐GBPNOK on the 4 h chart After breaking the minor descending channel, broke above the resistance and currently retesting it.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigge
GBPNOK breakoutAfter a local downtrend, now upon breaking it, if price hits support (previously resistance) and bounces there is a good chance for long trade.
GBPNOK LONG.GBPNOK we are bullish. On the monthly market is at strong demand a zone that has been respected as support a number of times, on the weekly market has recently made a new higher high, on the daily market has broke out of the downtrend after forming this inverted head and shoulders which we have already capitalised on, now the market has given us a nice correction to retest the previous resistance as new support now we can expect the continuation to the upside. We will be waiting on the 4hr TF for market to meet our entry rules then we can take the LONG.
GBPNOK two opportunities to capitalise
GBPNOK we have a nice W formation on the daily timeframe, market has recently broke the downtrend with a strong bullish impulse and formed a inverted head and shoulders breaking above the neckline, we expect the W formation to complete at the neckline, and we are expecting a correction after the impulse we have had for market to test broken resistance as new support before the continuation to the upside, so we have a nice intraday position lining up to short to the neckline if our rules are met on lower TF then, a possible SWING setup if we see a proper correcton, to long to catch the continuation to the upside (I.C.I strategy)
GBPNOKGBPNOK we are bullish recently GBP ha shown strength across the board, market has broke above the downtrend on the daily timeframe and formed a new higher high higher low structure, also forming a nice inverted head and shoulders, we are now waiting for the market to make a retest of the new daily support if it holds we can drop down to the 4hr TF and look for a valid entry to long.
GBONOK on a channel break 🦐GBPNOK on the 4chart is moving inside a descending channel.
The price after the last bounce over the monthly support at the 11.44 level starts a bullish move and now testing the upper trendline below a minor resistance.
IF the conditions of Plancton's strategy will be satisfied, we can set a nice long order
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together
GBP/NOKPossible move for GBP/NOK.
Please take our charts for reference purposes only cause we hedge our trades against our pairs.
Bullish on GBPNOKIt appears we pivoted. Bullish signals rang sounding clear. 1-2 pattern post pivot, beginning of Wave 3. Therefore, Fibonacci Goals in green, invalidation in red. Good luck - this is not financial advice.
GBPNOK!Buy setup!
But, we need a low risk buy setup just incase we are wrong.
Trade with care use a stop loss.
PULL UPMULTI TIME-FRAME ANALYSIS DONE.
TRADE SHOULD ONLY BE TAKEN IF IT FITS YOUR IDEA OR PLAN.
TRADE SMART.
