EURNOK seeking to 3 out of 3 🎯💪Our RSI reversal strategy has enter a long trade running on EURNOK overnight. This is a new strategy script we are trialling at the moment based on reversal trading using RSI as a one of the main contributing confluences. New trade details are shown on the chart and we are working the 15M time frame. Take profit is the green line. Pink line is stop loss. Trade history can be seen below this trade idea too for full transparency. Last trade was shared as an idea only yesterday before a new long presented overnight. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.Longby pow_removetheguesswork0
EURNOK long seeking to make it two out of two 🎯Our RSI reversal strategy has a long trade running on EURNOK. This is a new strategy script we are trialling at the moment. Last trade included on the chart to show how this works which hit the desired TP target. New trade details are shown on the chart and we are working the 15M time frame. Take profit is the green line. Pink line is stop loss. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren. Longby pow_removetheguessworkUpdated 1
HOW TO TRADE LIKE THEM FOLLOW UPHere we have a retest of a major market S&R zone where we won’t try to forecast and let the market make it moves. Why? Both side will try to take major support zone they are critical to the outcome of the long term direction and we won’t know who will win from historical understanding. As we know what is market R&S how they work and you can find this and more here ! So the outcome is what will give us a risk free long term trade Gl! by Donajor80
EUR/NOK - Trend reversal?the market reached new intermediate highs & shows positive signs for a bullish trend. So far, the market reacted to my stored trading area. However, we should remain cautious and wait to see more upside moves before we go long. In the chart you can see a possible outcome for a bullish trend reversal.by TizTrader3
EURNOKPrice is on a downtrend and it has rejected the daily trendline and support level. Probably price will go shortShortby ehmfivestar_fx0
Eurnok can so good movement after breakout Eurnok can so good movement after breakout Longby Jayesh_thakkarUpdated 0
Six moth of downtrend finaly breaks? This week Nor broke Eur down trend by closin green candel, in next week we will see if its a fake out or if its a break. But in my own concullutions of trading, when a candel breaks and closes above or below the trendline it means the trend line is broke. But however next week we will se if its a fake out or if it confirms the break out! The reson why this is happening is it becus it hitted and bounced to uppside of weekly support. by abdsha141
EURNOK - Weekly time frame shows a huge bullish triangle patternWhat do you guys think, is it naive to think EURNOK will blow again ? Indeed Covid crisis has been an important factor to the first bullrun. Thought ? by kacisse0
EngulfingThe ADX indicates a bearish trend and the latest white candle will be followed y a black one now which may build an engulfing pattern.Shortby motleifaul0
EURNOK!Price predicts of more sells to come before any reversal upside. A corrective pattern in the form of a flat, visualises this. Trade with care use a stop loss. Shortby miche254Updated 1
50% Fibonacci Retracement of Pin Bar for EURNOK | Pin Bar | EMAEntry at 50% Retracement of Pin Bar. Entry at 10.13873.Shortby TradeLive-0
EURNOK SellDescending Triangle on EURNOK and rejection at the trendline. I expect Bearish moveShortby Sidi_King_Trading1
Fib looks like great targetsLook at the fibs on the EURNOK. Pretty easy to spot the targets on this I'm using HA + Ema5 + TDI, If the HA turns red I'm out. Longby TheHeikinAshitrader2
EUR/NOK hitting trend lineHere is my prediction for the movement of the pair. It is hitting again the down trendline, expectingly to go further down. You can go short till the orange bottom line, or risk even more and try to reach the second line of the price channel. Good Luck :)Shortby Diaboluz1
EURNOK: From A Techno-Fundamentalist's View - April 2021EURNOK: From A Techno-Fundamentalist's View Fundamentals: Norway is an export-dependent economy and her currency is effected by oil. OIl prices and Norway's inflation remain strong, but not overheated. This is almost a goldilocks zone to support the thesis for a greater expectation that Norway's central bank will maintain a further hawkish stance for their monetary policy. A stronger NOK means that inflation risks will be dampened and the CPI-ATE (consumer price index adjusted for tax changes and excluding energy products: www.ssb.no) will stay lower. This is a stable environment for this export-dependent central bank's current sentiment and moves. Furthermore, another contributive thought that will influence the NOK currency is that September 2021 will be the time Norway will have elections. Thus, there will be more fiscal spending along the way by the government. When it comes to the Euro-zone, money will keep the central bank at bay with its current plans with little activism. The EUR currency is weak and its central bank prefers to keep things the same as it is. The Euro-zone itself prefers not to take fiscal measures as the USA has done to give its economy the same thrust. There is good inflation and its equity market is rising. The idea of "why fix what is not broken prevails. Technicals: A sustained trend from March 2020 continues to be in play. Any pullback has been an opportunity to take a sell position. Currently, another pullback seems to be failing again. MACD still bearish RSI still bearishShortby Rocketman1
BEARISH CALL 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 Shortby wijitha2
EURNOK 4H 375pip SELL - For week starting 29.3.2021What's up please comment what I can do better. I have spotted a smaller head and shoulders pattern (0vert last 8 days) forming on the a pull back of the EURNOK downtrend which began this time last year. The 1D trend line (orange) was recently broken up and then back down, the most recent wick up failed on the 25th and lost momentum suggesting a considerable number of swing buyers have left the market, allowing the selling pressure to increase. The 100ma is in our favour as well as the TDI indicator which is turning bearish overall. We're looking for solid confirmation of the neckline and the 100ma being broken (especially whichever comes last) before we enter this as price could simply be ranging irregularly and catch us out. Be careful entering this on Monday as there's more fakeouts at market open. If you get in this trade around the entry shown on my screen, I would set: TP1: 50pip TP2: 90pip at fib level 1.000 meeting the yearly low and TP3 at 375pip @ fib level 1.618. We're likely going to see a rejection of fib level 1.000 so make sure you break even at tp1. SL at 40-60pip. If we hit TP2 definitely keep a runner as we're on a downtrend and want to see monthly and yearly lows broken. Be careful my slimes Vince / Vmoney Longby Vmoney102
EURNOK - Bullish Cuphandle ?My hope to see the EURNOK bullish makes me see a cup handle pattern, which coul lead to a small Bull run to around 10.4 NOK Longby kacisse0