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Euro / Norwegian Krone
Updated

EURNOK potential consolidation with break out scenario.

89
With EURNOK hitting historical levels, the current correction might lose some steam and get compressed before we see another breakout to the upside.
Which might offers some nice setups on both sides of the coin.
Note
Price getting compressed and setting itself up for a squeeze breakout.
Trade with caution.
snapshot
Note
Cheesy squeezy incoming
snapshot
Trade closed: target reached
snapshot
GoldvalleyCap
Chart Patternscompressionsupply_and_demand

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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.
Chart Patternscompressionsupply_and_demand
GoldvalleyCap

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.