Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURNOK is approaching a strong support in green and round number 10.00 so we will be looking for buy setups on lower timeframes.
on H4: EURNOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy. (after the swing high is formed as shown in purple)
Until the buy is activated, this one would be overall bearish and can still dive inside the green support before going up.
Good luck!
on DAILY: EURNOK is approaching a strong support in green and round number 10.00 so we will be looking for buy setups on lower timeframes.
on H4: EURNOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy. (after the swing high is formed as shown in purple)
Until the buy is activated, this one would be overall bearish and can still dive inside the green support before going up.
Good luck!
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT