Fundamentally I'm NOK mainly because of PPP and Effective exchange rate undervaluation of the NOK. While in the meantime Norges bank will raise rates twice in 2019.
Technically: pretty (maybe too pretty?) H&S
Action:
-wait for daily bearish candlestick form, go short
-target: lower bound of the channel, 200 DMA confluence
Technically: pretty (maybe too pretty?) H&S
Action:
-wait for daily bearish candlestick form, go short
-target: lower bound of the channel, 200 DMA confluence
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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.