USDNOK: Long term uptrend resumption

Actualizado
We are already in longs in this pair, from lower, and we had taken a shorter term long before, but booked profits.
We added to longs a bit lower, but you can still join this uptrend now, with a wide stop for the long term.
Risk a drop under 7.9250, to reach 11 or higher in the long run.
We're above the monthly mode and I expect to get monthly confirmation in the form of a rally above 8.40055 soon.

Good luck!

Ivan Labrie.
Nota
Add a 1/2 size position now. You can risk up to 2% with the same stop.
Nota
Good progress, we now are forming a strong explosion pattern, signaling immediate uptrend continuation after breaking out higher.
I'll update once it's ready to trigger the short term buy.
Nota
imagen

Safe to hold now.
Operación activa
I'm buying back my long term position here over the next 7 days. 0.01 lot per 10k in the account, per day, going into FOMC. No stop loss required.
rgmovtimeatmodeUSDNOKDJ FXCM Index

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
También en:

Publicaciones relacionadas

Exención de responsabilidad