USDNOK: Short Term Sell Setup

מעודכן
  • Retesting prior broken trend line
  • Retesting short term falling trend line
  • ABCD completed at 1.271 extension
  • Stochastic overbought
  • Shooting star candle
  • Earlier longer term setup here
הערה
USDNOK is not going on the expected direction so far. תמונת-בזק

The price is testing the 1.618 extension level. Also the descending resistance of the falling channel on the weekly
תמונת-בזק

So i am holding to the short for now, i will close it if we break this resistance area and close the WEEK above it.
AB=CDOscillatorsTrend Lines

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