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Daily Gap Close GBP/NOK later this afternoon
Just waiting for the 1hr MACD to come onside in a few hours. Then look out for a a strong continuation down.
Daily up trend continuation
New daily up trend.
Intraday Sell. SNIPER + Continuation
Stop - 360 pips Target - 420 pips Finally got the continuation on the 15m time frame after a BCR of the death cross. #BePatient Got the 3 candle rule and a lower low formed. On the H1 we have a BCR of the 50EMA should see a continuation down to the target at the 200EMA. All indicators onside and double time frame confirmation. POLR downside. Approx 1.15 RRR Watch your spread on exotics. #DontFollowBlindly
GBPNOK daily chart trend change from down to up
The weekly chart is in a up trend The daily chart is in an up trend as of yesterdays daily New York close and has broken through its upper down trend line to the up side H4 is in an up trend sl is 11.50 tp is 2R
taking a look at gbpnok levels, the strength gathered by gbp over last two days has actually produced a nice BCR of the daily 200 as well as that purple level and pushed away again... can get a break back into the channel I've marked running through the chart??? it seems to be trying
BCR of the blue level, this level will be made clearer in 4hr i will attach in comments, trading under emas, will wait for bcr on 4hr to take this trade, to the second lower level that can be seen in 4hr attached
Ready for SHORT. 1h, 4h, D sniper criteria on side. Taking shorts down to D 200EMA.
4H price above 200 EMA 20 and 50 EMA on the 1 H also signal to go. You can wait for price to drop lower but i am in from here
GBPNOK - ignore entry Daily Chart - Price is trending upwards within a channel. 4H Chart - Price has broken and closed below the 50EMA and is currently retesting. 1H Chart - Price has broken and closed below the 200EMA and is currently retesting. To take the trade we are looking for; (1) 1H Chart - confirmed rejection of the 200EMA, red/green on the MACD (2) 4H Chart - confirmed rejection of the 50EMA, red/green on the MACD. Target profit at 12.95773 with stop loss to suit. Please note that this is my interpretation of the charts and should now be followed blindly. Good luck and trade safe.
Hi Traders, Another idea on GBP/NOK. Following a RETEST and CONTINUATION CANDLE PATTERN of the asc...view more
Stop Loss and Take Profit might change depending on when/if criteria is met. This is a trade OPPORTUNITY - I have not entered yet. Risk reward will be 1/1 or higher. 1. Up trending on weekly - fanned out moving averages 2. Cup and handle pattern on Daily chart - waiting to break that level before continuing up to weekly resistance level 3. We have had a BCR of the 21EMA on the 4H to form the handle 4. MACD bullish cross on ALL 4 time frames. 5. Weis Wave onside on ALL time frames. Waiting for: 1. The hourly chart to break above the resistance level, and then to come back and retest (12.16000 ish) 2. Shaded histogram on squeeze indicator on the 1H and 4H chart after the retest. #DontFollowBlindly
GBPNOK Closed a candel on the 4H about the 50 ema. Bias for the upside
Playing this long as a trend continuation to the upside. GBP saw massive decline over the last few trading weeks without any major pull backs. At this stage, I see GBPNOK bouncing on Daily 200 EMA as well as retesting a nice bullish trend-line. This entry is a bit aggressive so I've only entered small but will scale in as it goes up more. I expect this trade to run for days / weeks.
Look to sell GBPNOK as it is in strong down trend and currently indicating it could come down to latest support level bears should come in soon. Good luck and happy trading
GBPNOK should come down as it is revering of the Highs and their is a strong Resistance at the level indicated on the chart institutional selling should occur and price should push down. Look to cut losses if it goes against you to much. Good luck and happy trading
GN looking overbought and has a nice ascending trend line and is a strong resistance look to sell with target as indicated should come down. Enjoy