TradingView
TomProTrader
31. Jul. 2017 10:49

EURNOK buy setup Long

Euro Fx/Norwegian KroneFXCM

Beschreibung

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.
Kommentare
salmanijaz
Do you think this trend is still valid ? It has retraced to 0.618 level
ymjun35
Don't forget the divergence, bitte Herr.

Cbrcelik
Stop loss? TP 1?
TomProTrader
@Cbrcelik, Do as your strategy tells you.
Mehr