EURNOK buy setup
Updated
Hi guys,
The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart.
Best regards,
Tom_Killick
The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart.
Best regards,
Tom_Killick
Comment
A nice move up at the breakout, but has since been rangebound. The price is trading in a tight price range, so it's best to take profits, and put the funds to work elsewhere in a FX pair that is moving properly. Well done to anyone who profited from this move.Comment
Price rolling over, should be out of this trade already with use of your tested trading strategy.Related publications
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