Bearish momentum may accelerate finally. Of course a lot depends on OPEC meeting. Obviously a cut in Oil production would cause spike in Brent price and would make NOK even more attractive.
Daily update:
- Price below Kumo Tenkan and Kijun (bearish)
- Tenkan/Kijun is strong bearsih
- Chikou Span bearish cross below past Kumo -> validation of bearish Kumo breakout
- Heikin Ashi is bearish, haDelta/SMA3 cross down below zero line
- EWO is bearish
Targets (in line with weekly supp/resistance levels): 9,00 or 8,80
Strategy: Hold shorts.
Daily update:
- Price below Kumo Tenkan and Kijun (bearish)
- Tenkan/Kijun is strong bearsih
- Chikou Span bearish cross below past Kumo -> validation of bearish Kumo breakout
- Heikin Ashi is bearish, haDelta/SMA3 cross down below zero line
- EWO is bearish
Targets (in line with weekly supp/resistance levels): 9,00 or 8,80
Strategy: Hold shorts.
Related publications
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.
Related publications
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.