USDNOK Swing breakout

14 ביולי 2016

USDNOK looks to be breakout out short on the swing timeframes for a play back down to the bottom of the consolidation. I entered at 8.3722 following a breakout of price and momentum to the 2 hour Ichimoku cloud. My risk will be trailed above the Ichimoku Kijun Sen until I reach my target at the bottom of the Daily range where I will tighten up my stop.