abdsha14

Six moth of downtrend finaly breaks?

OANDA:EURNOK   Euro / Norwegian Krone
This week Nor broke Eur down trend by closin green candel, in next week we will see if its a fake out or if its a break.

But in my own concullutions of trading, when a candel breaks and closes above or below the trendline it means the trend line is broke. But however next week we will se if its a fake out or if it confirms the break out!

The reson why this is happening is it becus it hitted and bounced to uppside of weekly support.

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