EURNOKThe probability of a bearish move is high due to various confirmation points. First, the price has broken a major trendline, second the price has been retesting the trendline for quite sometime.
NOKEUR trade ideas
EURNOK short the double top EURNOK has formed a nice double top close to the 38.2% fib. Unfortunately I missed the entry to go short, I will try to get into the trade once price retraces to the upside. The target of the short would be another touch of the bottom trendline. We also have a slight bearish convergence on MACD.
Goal: 7825.0 Units (EURNOK)Parallel Channel formed on EURNOK Weekly Time Frame. Enter a long position.
Pivot Point Entry Idea For Future Trades Enter at Pivot Point, 50% Retracement. Enter any value between 38% and 50% Retracement.
Loosing trade 3FX:USDNOK
Bias was long, Bought at just the right price,
trade closed intentionally at 9.70650
(Closed the trade early Because I did not like my entry)
, also my lot size was too big for a single trade,
was on the process of adjusting my lot size
to 0.05 - 0.1 lot per trade.
EURNOK Short Insight:
--------------------------------------
- Oil clear break above 100
- EUR fundamentally weak
- Gas up
- Winter is near
Goal: -1738.9 (EURNOK)Expect EURNOK to decrease 1738.9 units. Horizontal Support and Resistance Level has multiple touches.
THE HOLY GRAIL- SIGNAL 30k 4 120 Accumulation at the bottom broke channel and sold a right shoulder pullback … with alternative bears bars late n the bear moves closing low is a failure and we can anticipate smart money will take the markets signal here n see a push up as a measure move at least with trailing target of 12.5 with a sl of the monthly low. That 30k pip target with 125sl.
EURNOK bullish confirmation pattern is forming I think that the EURNOK will go up significantly because of the confirmation pattern. After a few months, the pattern have broken and now the small confirmation pattern is forming. Thus, I have opened the long position on EURNOK
EURNOK 1:1 High probability TC setupInsight:
------------------------------------------
- Below TC red line
- Below Vwap
- Above expectation Norway CPI
- Weak EUR into U.S. CPI release
EUR/NOKBullish breakout :
Entry price 10.30124
Take Profit 10.36439
Stop Loss 10.26060
Bearish breakout :
Entry price 10.21777
Take Profit 10.11907
Stop Loss 10.26060
EURNOK $EURNOK Initial ShortEURNOK $EURNOK Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
EURNOK SELLThe fifth sub-wave of the fifth wave may be a failed sub-wave that cannot go beyond the end of the third sub-wave and can be shorted.
EURNOK about to complete Motive Wave Looks like the EW motive wave will soon create a triple top, which will give as a nice opportunity to short this pair. So far it has been trading perfectly withing the trend channel.
The Blue box is the final target to the upside, before it begins it's way down into the red box.
EURNOK!Looks like a corrective retracement, could be a trend continuation move.
Low risk entry bearish consolidation.
Trade with care use a stop loss.
EURNOK hitting resistance.EURNOK looks like it has a good setup for a short after a bearish engulfing candle has shown up on the weekly chart. It could be a very good Swing/Position trade. Be careful of swaps and spread on this exotic pair. Better enter the trade during the EU session.
Fundamentals are neutral. Euro currently a bit up from ECB turning hawkish but NOK is supported by high oil prices.
EURNOK..4H trade idea..Bouncing off supply zone ..waiting for breaking the trend lines for short trade up to the next demand zone ..waiting for confirmation using smaller time frames.
EURNOK OANDA:EURNOK
Hi everyone
This is an analysis and not a signal.
Please use a great signal to enter the transaction.
Good luck
IRFOFC
