Hi guys,
The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart.
Best regards,
Tom_Killick
The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart.
Best regards,
Tom_Killick
Comment:
A nice move up at the breakout, but has since been rangebound. The price is trading in a tight price range, so it's best to take profits, and put the funds to work elsewhere in a FX pair that is moving properly. Well done to anyone who profited from this move.
Comment:
Price rolling over, should be out of this trade already with use of your tested trading strategy.
