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USDNOK-BUY strategy Daily chart

Pembelian
U.S. Dollar/Norwegian Krone (FX:USDNOK)  
peterbokma  
FX:USDNOK   U.S. Dollar/Norwegian Krone
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
The pair has been under pressure for good reasons, but as always, more severe than required. I feel the shape of the pattern may resemble "false bear flag" patter, and further low stochastic suggests careful, and the likelihood for move higher again.

Strategy BUY @ 10.1750-10.2150 and place SL @ 10.0450 and take profit @ 10.3850 for now.

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