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peterbokma

USDNOK-NEUTRAL SELL strategy 4-hourly

Short
U.S. Dollar/Norwegian Krone (FX:USDNOK)  
peterbokma  
FX:USDNOK   U.S. Dollar/Norwegian Krone
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
The pair is locked in within a larger triangle, and it is difficult to determine which way we will go. The stochastic is looking neutral to positive, but considering the NOKZAR strategy, there will be more selling pressure in this pair, is my viewpoint.

Strategy SELL @ 10.6250-10.6550 and place SL above 10.7350. Profit order somewhere @ 10.4350.
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