USDNOK. Incredible BAT pattern and over-extended Gartley
Chek out a mega-BAT pattern which have been developing for almost 15 years! It completed by December last year but there is still a piece of a downtrend which can be taken.
Will short from 8.21 or by market
SL: 8.42
TP: 7.44
Long based on an overextended Gartley:
Entry point: 7.45
SL: 7.25
TP1: 8.02
TP2: 8.40
TP3: 10.00 (not based on these patterns)
Will short from 8.21 or by market
SL: 8.42
TP: 7.44
Long based on an overextended Gartley:
Entry point: 7.45
SL: 7.25
TP1: 8.02
TP2: 8.40
TP3: 10.00 (not based on these patterns)
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Short-mid term updates on a chart below
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I really like this run from the USD: gives a perfect entry for further shorts. Just don't take your position yet, don't feed the Bulls!
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Looks like 8.30-8.40 box is where we can start building shorts
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Reached 8.50 which was important resistance in the past. I´d wait for a couple of days to see if a rally on DXY ends and, on the opposite, a rally on Oil and NatGas starts.
Then we can short this pair
Then we can short this pair
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It has finally started to advance towards the target
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Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
