SEKNOK trade ideas
NOKSEK - Testing an important levelID: F139018448
Trade idea from our algorithmic system.
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Red Shade Box: Suggested Stoploss by our algorithmic system
Green Shade Box: Suggested Stoploss by our algorithmic system
Good Luck!
NOKSEK Perfect Sell!Hi, everyone!
FOREXCOM:NOKSEK is near a very hard resistance, and just re-tested 1 broken trend line and a resistance level, and now going down!
SELL
TP(1): 1.05350
TP(2): 1.03240
TP(3): 1.00
SL: 1.0715
Those are long term targets
Don't forget the risk management
And Don't forget to leave a LIKE :)
#KeepGreen
Good luck
NOKSEK POTENTIAL SELL AREA DEDECTEDLooking at the chart, we can see a potential sell area between: 1.07683 / 1.06777, with a SL above: 1.07683 and a TP#1 area between 1.02801 / 1.01963 where I recommend closing 50% of your initial tradesize to give the TP#2 area "air to breave" and give you potentially more gains in the area between: 1.01041 / 0.99697
Follow if you like this ideas! check out my other ones too! ^^
A lot going on on the Daily chart at the 1.0500 level A lot going on on the D1 chart at the 1.0500 level
Price at round number 1.0500
Break and retest of major trend line (see monthly and weekly chart)
50D EMA nearby
Daily (classic) pivot nearby
Daily MACD is Bullish
Double top on weekly chart
Monthly and weekly chart show break down and retest of lower line bearish ascending triangle. Needs retest and confirmation of trend reversal
One to leave for the weekend and watch next week.