IvanLabrie

USDNOK: Long term uptrend resumption

Long
IvanLabrie Mis à jour   
FX:USDNOK   U.S. Dollar/Norwegian Krone
We are already in longs in this pair, from lower, and we had taken a shorter term long before, but booked profits.
We added to longs a bit lower, but you can still join this uptrend now, with a wide stop for the long term.
Risk a drop under 7.9250, to reach 11 or higher in the long run.
We're above the monthly mode and I expect to get monthly confirmation in the form of a rally above 8.40055 soon.

Good luck!

Ivan Labrie.
Commentaire:
Add a 1/2 size position now. You can risk up to 2% with the same stop.
Commentaire:
Good progress, we now are forming a strong explosion pattern, signaling immediate uptrend continuation after breaking out higher.
I'll update once it's ready to trigger the short term buy.
Commentaire:

Safe to hold now.
Transaction en cours:
I'm buying back my long term position here over the next 7 days. 0.01 lot per 10k in the account, per day, going into FOMC. No stop loss required.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.