peterbokma

USDNOK-Mixed strategy

Long
FX:USDNOK   U.S. Dollar/Norwegian Krone
It depends to the overall purpose. If we look at the 3-hourly chart, we have resistance 10.0940 area DC top, and support GANN 9.9700 roughly. So we would play between those bands short-term. If take the daily chart, we got DC support below 9.9200 and for the rest we are open until 10.2100.

Strategy 1 - SELL current @ 10.0750 and place stop-loss above 10.1025 profit @ 9.9850
Strategy 2 - BUY @ 10.0450-10.0700 and place stop-loss below 9.9200 and take profit @ 10.2075.

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