USDNOK to climb from its upside confirmation at 8.69565 where it could potentially bounce further to 8.72425. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK bounced off its support at 8.67095 where it could potentially rise further to 8.72425. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This pair is on an overall uptrend. It did break out of the main channel and appears to be forming a lower new uptrend channel. This smaller channel might join up with the original channel again. Make your own decisions. I am just sharing ideas.
PROJECTION : Price to push down and retest 8.52012 PROJECTED TARGET : 8.76000
Details on chart and dont complicate the things. Lose small and win big. Pipdified.
OANDA:USDNOK Details on chart Pipdified
Price has touched the bottom of the trend line Forming a bullish pin bar on the weekly and bullish engulfing bar on the daily Momentum has also reached a 1 year low Bias: Upwards
This looks very interesting. Especially with Oil at resistance on its chart. Close stop if you play it that way...
Once again, since I can't see the damn chart I'll update in the comments. TV needs to change how you publish an idea.
Hi Traders, The USDNOK reversed from a weekly support level and broke out of descending trendline and resistance level. . Price seems to be making an ABC zigzag corrective pattern which is likely to attract buyers at the 38.2 Fib ratio that lined up with swing level and moving averages. . We will wait for the completion of the corrective structure and then look...
Price completed a motive contracting leading diagonal wave and made a corrective ABC structure. . The ABC corrective structure also ends with a double bottom pattern at the support confluence level and price has the potential to move up towards the resistance level. . Considering that the price has broken the counter trend line, all the bullish criteria has been...
USDNOK Long . On W1 create Long Term Flag pattern and chanel. on D1 Market Reaction on chanel . i Serch Trades on H1 (long) Magnet zone 1 is First Rezistent Zone And Magnet Zone 2 Is R2 Zone . If Break R1 , Go To R2 and letsgo create doble bottom :)
Idea: I am expecting the long to have reached its maximum price limit at 8.51719 with a possible extension to 8.60216. Cons: The bottom has to hold at 8.31157.
Keep an eye on this level for support. Expecting an upside to ~8.48