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Norwegian Krone/US Dollar

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NOKUSD trade ideas

First sell entryFrom the R:R view it may be reasonable to sell today. On the m15 t/f price it at the trendline, with the high probability of breaking it down. Strategy is as follows: - trade wave B down in the three-wave structure, may close part of the trade when price reaches the local low - wait for the completion of an assumed correction and trade the larger move down. Basically, evth on the chart. Price would not move exactly as I plot, but if the structure appears like that, do not miss this opportunity. Good luck!
Short
by UnknownUnicorn3382580