USDNOK-LongI expect more upside for the pair, look the dxy for more confirmation. Theres a long term potential to the upside and a valid entry and high RR.
About USD/NOK
The U.S. Dollar vs. the Norwegian Krone. The is the most popular pair to trade Norwegian currency. Oil prices and changes in interest rates greatly influence the Krone. Norway’s economy is highly dependent upon trade with the UK and Euro-Zone thus making it extremely sensitive to changes in those economies.
USDNOKOn the monthly charts we have a confirmed bearish trend. Presently, on the monthly charts, we have a bullish correction that we can trade.
On the weekly charts we have a shift in order flow confirming our bearish bias though its a long term view. We have an impulsive bearish move that has necessitat
Make That Money Signals Buy for $USDNOKMTM has printed a 30m buy signal. Currently retesting confirmation candle. 1.5RR with trade shown based on previous demand/supply zones.
Bullish IdeaPrice is now oversold according to the indicators. Also seems to be a reversal with no BOS. We should see some upside
USDNOK - intraday longTrend continuation is expected after a pullback.
Watch the news some volatility is expected for the dollar.
USDNOk-Long-2024.03.25.Here is a more exotic pair than usual, technically and fundamentally looking good, as news come from usd we might see the volatility gives us the opportunity to take this trade on a good price.
USDNOK is in bullish trend in 2h time frameUSDNOK is in bullish trend in 2h time frame as it printing HH and HL..
usd nok my ideathis is not a perfect trade to enter now but im just publishing it for myself to see if im going to be right or wrong
Bearish OpportunitySeems like price has found resistance yet again at the top of the bearish trendline. 4h KC and Stoch seems to confirm a downward push.
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