USDNOK trade ideas
Long term ascending channel in Play , watchout for pullbackPair has been following ascending channel pattern from long time , and has maintained overall bullish Bias , currently we may witness pullback towards support or even upto bottom of channel for next bullish leg. Look for sell opportunities for now , however if price closes above channel , then wait for retest and go long..
USDNOK bounced from support, potential for a further rise!
USDNOK bounced off its support at 8.98867 where it could potentially rise further to 9.14838.
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 1st resistance at 8.99904 where it could potentially react off and drop down to downside confirmation at 8.94307.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Revisting USDNOK as Bearish Sentiment Returns After Weak RallyTrade plan: Looking to short to 8.95277, with a SL of 8.99068. Sentiment continues to show bearish after rising price action and falling volume. Initially would like to have gotten in at peak and rode down out of area of supply while the price action was breaking the deep rally north seen on 8/13/2019.
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 8.93166 where it could potentially drop further to 8.80550.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
(UPDATE) USDNOK still bearish opportunityI have adjusted SL and TP on new entry. Why? I still see this as Bearish based on the price action and associated volume. See previous published post(s).
USDNOK bounced from support, potential for a further rise!
USDNOK bounced off its support at 8.86095 where it could potentially rise further to 8.99904.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDKNOK (Update First TP smashed) - See previous published postTP 1 Smashed, looking for next level of support to hit.
USD verse Oil - Easy PIPs on ShortThis is a pretty easy one to get in on and make some quick money. Previous lows and highs tested and market has shown that the impulse move up (TRAP) is short lived by weakness and falling volume.
152+ PIP opportunity here if conditions are met with price passing and checking current support. Look left!
USDNOK - Long Term Double Top - Short Swing TradeUSDNOK found resistance at 9.00, Possible double top from 2015 high.
Expecting DXY to roll over in the near future...
USDNOK Pennant Symmetrical Triangle Entry and Exit at the Horizontal Level
Entry 8.70860
Exit 8.95120
USDNOK SWING ENTRY ON H1 TFSo, I'm having ice-cream with my siblings and decided that let me give this entry for the swing to someone who might not understand my previous chart. I know that I placed targets here, but please, when market opens, place TP(around 1.7700) to keep you in the trade until the structure in my previous post on this pair has been completed.
Good luck and happy trading!
USDNOK DAILY SHORTWe have a double top on monthly TF. This baby seems to be making way for the bears. Looking to a 100% correction ABC of the impulse Elliott Waves 1-5.
Entries should be found on H4 or on H1. Use good money management.
Good luck.
USDNOK... because we candont know I do not follow that much this pair but, it may worth the shot with a low risk micro lot
USDNOK break of a flip zone. Near major resistance.USDNOK looking interesting here. We approached the major resistance zone of 9.00. Price stopped making higher lows and higher highs.
Just today, we broke below the previous swing (higher low) and also a support/flip zone with a nice strong red candle. It seems price has come up to retest and we may get our first confirmed lower high here which can also be seen on the 2 hour chart.
Target would be the important zone near 8.79-80.
