Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURNOK is approaching a strong support in green so we will be looking for buy setups.
on H4: EURNOK is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, EURNOK would be overall bearish can still trade lower inside the support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNOK is approaching a strong support in green so we will be looking for buy setups.
on H4: EURNOK is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, EURNOK would be overall bearish can still trade lower inside the support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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Use Coupon: TV6 on www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal