USDNOK Advanced Harmonic Completion Opportunity

U.S. DOLLAR / NORWEGIAN KRONE (FX_IDC:USDNOK)

FX_IDC:USDNOK U.S. DOLLAR / NORWEGIAN KRONE

We had price dive into our confluence zone starting @ 8.27060. We had a wick under the zone but price quickly pulled up. Price has tested all price points in the zone. The divergence on the Daily and H4 is starting to show, and the bearish momentum slowing down as well. The zone was created with the .786 for the harmonic, and the BC projection of the corrective wave terminating in the zone as well. Daily setups are looking nice coming into NFP this week

Happy Trading

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