EURNOK: Anticipatory Rounding Bottom??Major Pattern: weekly Symmetrical Triangle
Anticipatory: possible Rounding Bottom
EURNOK trade ideas
EURNOK SHORT -TERM ✅OANDA:EURNOK
This is a short term deal!
Drawn boundaries mean target.
Drawn lines mean a return on price.
Do not forget that you can not trade without a signal because this is an analysis.
IRFOFC
EURNOK 10/03/2022Weekly:
Start of impulse level got tested
No weekly resistance level got tested yet
Daily:
inv h&s + bullish M
4H:
Bullish M + inv h&s
EURNOK: Bullish Trend Reversing on the Monthly Timeframe.This looks to be in the Early Stages of Confirming a new Downtrend as it's attempting to test the 55 Month MA as Resistance after Breaking Below a long established Trendline while Taking the RSI under 50.
Short Vision on EUR NOK for 22/02/2022Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.11 as I am showing in my chart. Our Daily Goal is 10.09.
Currently, EUR/NOK is moving towards the resistance level 10.195,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NOK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.195
TP1: @10.15
TP2: @10.13
TP3: @10.11
SL: @10.22
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
EURNOK Target Price 10.24670EURNOK price closed above 10.13905. Watch for a bullish price action signal to go long.
Short Vision on EUR NOK for 18/02/2022Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.09 as I am showing in my chart. Our Daily Goal is 10.07.
Currently, EUR/NOK is moving towards the resistance level 10.165,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NOK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.165
TP1: @10.13
TP2: @10.11
TP3: @10.09
SL: @10.21
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends
EURNOKPrice as no other place to go other than up because of Liquidity but could be wrong so utilize good RISK MANAGEMENT
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The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
ABCD Harmonic pattern#EURNOK supported from the structure and break out the trend line then retest successfully, expected going to test daily trend, all the best
- Educational
EURNOK 26/01Monthly:
We have a big bull flag with a nice fakeout beneath our grey line
inv h&s pattern getting respected atm
Weekly:
inv h&s pattern
Daily:
Bullish M
4H:
Bullish M, daily zone getting respected
M formation
-68 fib completion
I put my sl a little bigger bcs the spread is higher then on a major or minor fx pair.
Sentiment:
95% long, 5% short (1,45 lots; 0,08 lots) is not representative
EURNOK Week LongOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
EUR/NOK BEST PLACE TO BUY FROM|LONG
Hello, Friends!
After some time of sending us mixed signals
EUR/NOK is finally giving us a solid bullish bias
And judging by the price action at the lower timeframes
The pair is about to go up!
BUY!
✅LIKE AND COMMENT MY IDEAS✅
EURNOK Will Go Higher From Support! Buy!
Hello,Friends!
We can see that EURNOK is about to go up
Based on the current price action
Overall the market sentiment is bullish right now
And I can see smart money entering longs
So we will buy too!
Like and subscribe and comment my ideas if you enjoy them!
EURNOK - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURNOK is approaching a strong support in green so we will be looking for buy setups.
on H4: EURNOK is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, EURNOK would be overall bearish can still trade lower inside the support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNOK UpdateEuro vs Norwegian Krona, which is stronger?? The former which has gained headwinds from a weaker US dollar as a result of Omicron spread threatening global recovery, or the latter which is an oil linked currency which will gain strength from global reopening?
My Bet, the latter. My first TP from the December highs has been hit. A break below the 50 Day moving average puts the second TP within reaching distance.
eurnokfor educational purposes,i personally dont trade this I just wanted to show how price action is likely to play out on this pair
EURNOK- Norway Increases Interest RatesNorway's central bank raised its benchmark interest rate on Thursday as widely expected, and said more hikes were likely next year although that would depend on the impact of a surge in coronavirus infections and the emergence of the Omicron variant.
Norges Bank's monetary policy committee raised the sight deposit rate to 0.50% from 0.25%, its second hike in three months, as predicted by 20 out of 22 economists polled by Reuters and in line with the central bank's own plan.
In other words: Fundamentals are strong here and our chart agrees.
Our Love to all our Norwegian friends,
the FXPROFESSOR
Short Vision on EUR NOK for 14/12/2021Hello Dear Traders,
You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.21 as I am showing in my chart. Our Daily Goal is 10.17.
Currently, EUR/NOK is moving towards the resistance level 10.275, where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NOK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.275
TP1: @10.24
TP2: @10.21
TP3: @10.17
SL: @10.31
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
