USDNOK - IntradayFor those who missed the initial entry at peak. You can attempt to enter the third expected drop today.
NOKUSD trade ideas
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.13967 where it could potentially drop further to 9.09081.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK potential reversal!
USDNOK expected to rise up to 9.18850 where it could potentially react off and drop down to 1st support at 9.11148.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK Short after a Stop HuntWe are expecting a long term reversal for this pair. We want to see it pullback slightly or completely back to peak before entering the short.
Then we can ride it down for the week
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.20590 where it could potentially drop further to 9.11148.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK potential head and shoulders patternLooking at USDNOK, it is at all-time high level at the moment. Looking for the formation of the H&S pattern. As USD seems to be topping on the DXY chart, expecting this pair to fall.
Good Luck!
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.20590 where it could potentially drop further to 9.11148.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK - SELL on H4 - rising wedge patternrising wedge pattern
lower low
=> waiting signal SELL
TP: 9.005
Bullish on UsdNokUsd Nok daily, a bull market but price has a tough time climbing up and price 9.20000 is weighing in.
bullish interests but, with caution as the dollar is trying to improve on fundamentals. And if price falls below the trend line, then setup will be invalid.
USDNOK approaching resistance, look out for potential reversal!
USDNOK is approaching its resistance at 9.13400 where it is could reverse down to its support at 9.04500.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK Not Nice PairHello Traders,
We are just correcting the up move we made over the last couple of weeks.
I am expecting us to be inside a running ABC correction and when we finish it, we head back up. Expect a bounce on the 9.050 / 9.036 range before continuation back up to break the 9.25 zone.
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Thank you
USDNOK bounced from support, potential for a further rise!
USDNOK bounced off 9.04500 where it could potentially rise further to 9.13400.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
(4h, USDNOK){4H, $USDNOK}
the general price movements is in an Ascending-triangle-pattern after price confirm the Support/Resistance-levels
{Previous Price Action}
last movements shown that the price break under the Support-level of the Mini-ascending-channel and made the first Lower-low after breaking the double-tops neckline while there's no signals of potential reversal.
{Current State}
price still undervalue while it's moving under the support-level of the Support-level of the channel and the high-selling pressure in the volume tells that there's possibility of more down movements that's why on the chart I chose to select the Lowest-point price reached with the highest point as "Invalid-rectangle-pattern" as long as the price hasn't confirm the lowest-point we can't confirm the pattern yet.
{The Plan}
we should first wait for the price to confirm the pattern then we can start looking for opportunity of potential breakout in order to go long and trade following the general price direction.
{Valid Pattern}
none. (Rectangle-pattern not confirmed yet)
{Alerts}
none. (no alerts until the pattern confirmed)
{HQ Chart}
i.ibb.co
{Original post} stocktwits.com
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