This is high probability trade based on transient and recurrence theory.
Signal is for a short position with a 96,6% success rate.
Price will revisit TP .
TP 10,585
The pair is positive short-term, and same as my build model, we are on BUYING side currently.
The stochastic is positive supported by GREEN AO which is above zero line even. This suggest we should see higher prices in the short-term.
Strategy BUY @ 10.7750-10.8200 and take profit near 10.9350 for now. SL let's say below 10.6850 for now.
The pair looks a little confusing, but I feel overall we may see south due to the fact we got a rising triangle pattern. Further, negative across the board. We need to overcome the support levels to break.
Strategy SELL @ 10.7300-10.7850 and place a stop-loss above 10.9250 and take profit @ 10.3850 for now.
Hello,
Welcome to this analysis about USDNOK and the 4-hour timeframe perspectives. In my recent analysis, I discovered some interesting signs forming in USDNOK which are important for the upcoming determinations. As when looking at my chart now we can watch there how USDNOK is about to complete this major head-and-shoulder-formation with the left shoulder and...
The pair is starting to come under pressure with ample resistances @ 10.8350 area. The stochastic and RSI are NEG and this adds to the expected demise.
Strategy SELL @ 10.6500 - 10.6850 and place stop-loss above 10.8575 for now. Profit order @ 10.3450.
The market keeps on failing to break through the resistance above the market. You will understand what I'm saying more once I start posting recorded videos cause I can't explain things here the way I'm trying to.
Hello Traders!
On The Daily Time Frame The USDNOK Price Reached A Supply Zone (10.72880-10.78004).
Currently, The Price Failed To Create a New Higher High 📉
Moreover, The Support Line is Broken !
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET: 10.39030🎯
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if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame
The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold
Fib Retracement confirms a target to the Long side
Take Profit is Derived from Pivots
I feel we may see lower levels in the near term. If we can respect 10.7200 and 10.9200, likely we will see a test of 10.2300.
The GANN resistances are the ones we should observe, and further, when protected by them, we should see south of the border.
Strategy SELL # 10.68--10.7200 and again higher @ 10.9075. Stop-loss above 10.95 and profit at 10.2750 for now
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
There is strength in the pair, and USDZAR has come back as well in strength. However, we are near GANN resistance 10.7400 and 10.9200. The stochastic is high 90.0 so I suspect we must carefully continue to SELL the pair. It is difficult to change view point in this case, since we did not correct the pair as yet, as the conditions have not changed technically, is...
No change in view. We are protected well at GANN resistance above 10.7500, which is slowly declining. The stochastic is negative, and RSI is POS.
The pattern suggest we should see lower, and considering the NOKZAR cross, this paiur should hit south as well, same as USDZAR did in the near term.
Strategy SELL @ 10.58-10.65 and place stop-loss now above 10.75....
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
No change in view. we are in a wide playing field 10.2300-10.7600 within the GANN angle
The stochastic is negative and RSI is positive but at the higher end, but not extreme. Basing on the large move seen in the past, we should seek SELL side is my personal view.
Strategy SELL @ 10.5900-10.6500 and place stop-loss above 10.7675 for now. Profit order @ 10.2950.
