EURNOK - RSI divergence for long trade
The EURNOK pair is supported by level 9.445. This support combined with the RSI divergence suggests that we may see a bullish phase towards 9.6 then 9.7.
For a long trade, we may either wait for a small retracement towards the support area or directly launch the long. Stop loss would be just below the support area, though beware of wicks and higher spread on such pair.
For a long trade, we may either wait for a small retracement towards the support area or directly launch the long. Stop loss would be just below the support area, though beware of wicks and higher spread on such pair.
Trade active
Entry @ 9.43529Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.