NORWEGIAN KRONE / U.S. DOLLAR forum
USDNOK test entry long
USDNOK long till 10.69624
USDNOK 1hr Inverse HS neck line on the 00.00 Monday open. Retested the neck line up and away. Beautiful trade...
USDNOK Idea:Trendline Mastery | Full Guide Trendline Mastery | Full Guide
USDNOK I love it for a long but not an easy one to judge where. Multiple pivot levels. Personally i'll only take the lowest blue trend line,
USDNOK Having breached the resistance level at 10.34 towards the conclusion of the previous week, the pair currently finds itself trading within the default target zone for the bullish butterfly pattern, which was completed at 9.95. Additionally, we are nearing the projected 161.8% Fibonacci extension at 10.48, potentially giving rise to a bearish deep crab pattern. It's worth noting that the emergence of this pattern might imply a forthcoming pullback, leading back to the previously daily fractal resistance level at 10.34.
