TomProTrader

EURNOK buy setup

Long
TomProTrader Aktualisiert   
FX:EURNOK   Euro / Norwegische Krone
Hi guys,

The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart.

Best regards,
Tom_Killick
Kommentar:
A nice move up at the breakout, but has since been rangebound. The price is trading in a tight price range, so it's best to take profits, and put the funds to work elsewhere in a FX pair that is moving properly. Well done to anyone who profited from this move.
Kommentar:
Price rolling over, should be out of this trade already with use of your tested trading strategy.
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