USDNOK short swing trade setupUSDNOK short swing trade setup
Sell 8.65720
T1 8.60250
T2 8.55945
SL 8.71145
USDNOK
Trend Analysis For USD-NOK But with NOK-USD view of situation Possible Sell Opportunity for USD-NOK. This analysis was done on NOK-USD, the analysis will show supporting zones to buy which in turn is Opportunity to sell USD-NOK.
USD/NOK Sell Limit Hi All ,
Setting my sell limit on this pair , When price touch that resistance i expect 30-40pips drop or more , NFP will push this .
Many Thanks.
USDNOK - approaching Resistance!USDNOK is approaching Resistance. Price can sell off towards 8.45 - 8.40. However A break and close above 8.82 would initially open up for a potential continuation towards 9.00.
VIDEO ANALYSIS: USDNOK AT KEY SUPPLY ZONEIn this video update, we take a look at USDNOK as price sits at a key supply zone.
The USD Index highlights the potential weakness to come in the USD and with
Crude oil prices stabilising after the recent inventories we could see this market
trade within the range. Technically the daily candle is showing a false breakout.
The 4hr timeframe also shows price forming a bearish channel where we could
see a bearish breakout.
USDNOK Short Nice Opportunity Entering short at the top of 6mo range. Reversal zone.
TP 266pips
SL 70pips
Go small!
DXY also looking bearish, matching our play here.
some short leftI entered this earlier with a gold long. Yet, this might have a little left on the move.
USD NOK BUY (US DOLLAR - NORWEGIAN KRONE)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
USDNOK - Time and Ratio indicate the botom is in place !Looking for price to go up to 8.7 as first target.
Time Fib and Fib projection (extension) perfectly align around 8.48 and indicate the bottom is in place.
Any move below 8.40 invalidates the count but you can stop if price comes below 8.46.
USD/NOK Sell Hi All,
opening my Second Swing Trade on this pair . Looking at the chart and candlestick pattern i see trend reversal to the previous low , now this might take a few months , but for day traders, you can take profit at the bottom of the rectangle range and then re-enter when price move back up to the top of the range .
DAY/ SWING remember SL to entry as always .
Many Thanks.
Usd/NokHi All ,
I'm joining the trend on this pair , The downward movement stopped at the bottom of the rectangle range and since then price has moved up to test the previous high , so as always , SL to entry when price move in our direction and we will ride this to the previous high .
Many Thanks.
Sell the Green against NOKWhat are we trading here?
Norway is outperforming in the G10, unemployment falling while inflation exceeding expectations. As a result, interest rates are moving in favour of NOK. The hawkish surprise earlier in the week from Norges Bank suggested that more hikes are necessary has been supportive of the currency.
A key risk is Oil prices holding firm around current levels (starting to look less likely) and Norwegian data softening (not expected)
Best of luck all and thanks for the support with likes, comments and etc.
USDNOK D1 - Long opportunityPrice has touched the bottom of the trend line
Forming a bullish pin bar on the weekly and bullish engulfing bar on the daily
Momentum has also reached a 1 year low
Bias: Upwards
USD/NOK something new LONG TERM SHORT Simple fundamental trade after the interest rate decision its a long term trade
USDNOK-Long baby!! To missed pivotThis looks very interesting. Especially with Oil at resistance on its chart. Close stop if you play it that way...
USDNOK emotional selling overreaction. Buy the dip.Emotional dumping.
People overreacting to weak inflaton figures on the usd (what a surprise bla bla bla ) whatever.
I think it could end soon.
Max target almost 3% up which is 3 ATR
Max stop loss 1 ATR down
But I aim to get out in the next 24 hours.
These are just the "max" in case something goes really wrong.
(After this strong selling I expect a strong bounce)
** Important to use small size here XD Risky.
