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EURNOK - Catch The Final Wave!

Euro / Krone Norwegia (FX:EURNOK)  
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FX:EURNOK   Euro / Krone Norwegia
Trend Analysis Chart Patterns Wave Analysis EURNOK EUR NOK signal EURUSD Elliott Wave XAUUSD Gold Contains image
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trendanalysis chartpattern waveanalysis eurnok eur nok signal eurusd elliottwaves xauusd gold containsimage
EURNOK is currently in wave 4, which appears to be a flat correction. Flat corrections consist of 3(A) 3(B) 5(C) subwaves. We are currently in wave C = 5 subwaves. We are anticipating one final move down to complete wave C.

Trade Idea:
- Enter on break of trendline or signs of reversal
- stops above blue structure or above price once entry trendline breaks
- Targets: 11.2 (3000pips), Taper thereafter

Goodluck and as always, trade safe!

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