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New York Watchlist: EURNOK Sell

Short
FX:EURNOK   Euro / Norwegian Krone
EURNOK SELL

ENTRY 10.1580 /// MODERATE 10%

SL 10.17915 ( pips 221 )

TP 10.08605 ( pips 709 / RR 3.2 )

On 4H we have a solid contraction and we are pretty much at the top of it. RSI is at its highs too.

On 1H we have a minor contraction supportin the sell idea with a decent rejection level.

On the minute charts I see a reversal coming within this hour (in the next 50mins)
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