Short idea from the daily time frame, using the lowers to enter if we get a setup
Got a signal to go long. Buy Limit Price: 0.9777 SL: 0.9695 I'm not a financial advisor. If you seek financial advice look within your local area.
Breaking support Testing previous support (finding resistance)
I apologize for the inactivity! We're back with new analysis. Price has been on a consistent downtrend trading below all EMA's indicating we should be looking to short. On the weekly and daily, price is sitting at key resistance. In addition, price was overbought till it started pushing downwards. More so, Price is sitting at the 50-61.8% fib zone and has just...
WTI Oil Futures hit below zero over night but have recovered to $20 will this be a catalyst for a stock market sell off? If so look for safe havens to push long especially against oil producers. This is already happening but whether it continues is the big unknown.
-Norwegian Central Bank stated would step in to FX markets if drop in Norwegian Krone dropped more. -Providing support. -At the same time oversold on the RSI and general sell down. Looking like a bounce.
-Norwegian Central Bank came out stating will intervene in the FX markets during the NOKSEK drop. -Held up by this support. -Plus oversold on RSI level. -This should go up near term.
H1: Entry range 1.05325 to 1.05325, target 1.04952 H4: Entry range 1.05264 to 1.05917, target 1.04455
ID: F139018448 Trade idea from our algorithmic system. ---------- Chart Drawings ---------- Blue Dotted Line: Broken Support Trendline Red Dotted Line: Broken Resistance Trendline Blue Solid Line: Support Trendline Red Solid Line: Resistance Trendline Blue Rectangle Box: Support Level Red Rectangle Box: Resistance Level Blue Arrow Line: Bullish Divergence Red...
Hi, everyone! FOREXCOM:NOKSEK is near a very hard resistance, and just re-tested 1 broken trend line and a resistance level, and now going down! SELL TP(1): 1.05350 TP(2): 1.03240 TP(3): 1.00 SL: 1.0715 Those are long term targets Don't forget the risk management And Don't forget to leave a LIKE :) #KeepGreen Good luck
Possible failure to gain on NOKSEK also showing bear divergence on the daily. Targeting support in cyan. Trade Safe!