USDNOK trade ideas
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USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.01000 where it could potentially drop further to 8.80785.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDNOK potential reversal!
USDNOK expected to rise up to 1st resistance at 9.01000 where it could potentially react off and drop down to 1st support at 8.80785.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
buy USD/NOK @structuredescending channel broken, wait for break and make an entry.....Only @candle close\
USDNOK potential reversal!
USDNOK expected to rise up to 1st resistance at 9.01000 where it could potentially react off and drop down to 1st support at 8.80785.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
USDNOK approaching resistance, look out for potential reversal!
USDNOK is approaching its resistance at 9.01000 where it is could reverse down to its support at 8.80785.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK H4- For this pair weekly timeframe closed bearish at the key resistance level and suggesting downside to continue this week.
- We are looking on H4 lows to be tested along with EMA for a trend continuation.
- 50/20 EMA crossing confirmed early SELL/SHORT.
Regards, GoldfXcc Team
USDNOK potential shorthere we see that price is making a potential bearish ABC correction of a bearish flag pattern in game. Where we wait for the completion and a break of the flag pattern to go short.
PS: This is just a market perspective and there's no actual certainty, trade at your own risk. Thank you
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.13978 where it could potentially drop further to 8.80785.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK Short idea- Break of ascending trendline
- Waiting for correction to prev structure and fib level
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.13978 where it could potentially drop further to 8.80785.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Buy USD/NOKThis is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
usdnokhere we can see that price is contained within channel and is currently approaching the top of the channel for the second time where the level of supply exceeds demand . Where we move to lower timeframes to look for sell setups
PS: there's no actual certainty trade at your own risk. Thank you
