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USD/NOK is the abbreviation for the US Dollar and Norwegian Krone pair. It shows how much the USD (base currency) is worth as measured against the NOK (counter currency). For example, USD/NOK = 8.4625 indicates that one US Dollar can buy 8.4625 Norwegian Krones.
usdnok pair over all looking in strong selling and i prefer for sell the usdnok pair at price 8.30 to 8.50 and we set our take profit at price 8.00 to 7.80 and we set our stop loss point at price 8.50 to 8.70 maximum and trader must analysis the usdnok pir current trend and trader analysis the complete fundamentals and technical analysis of usdnok trading pair then he/she place order and make good profit easily with usdnok pair selling positions today
acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis ka trend down
hota jaa raha hai
USD / NOK
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 9.014
Resistance Level (R2): 8.998
Resistance Level (R1): 8.987
Pivot Point: 8.971
Support Level (S1): 8.959
Support Level (S2): 8.943
Support Level (S3): 8.932
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Usd/nok
suporting levels are here:
support 1) 8.95
support 2) 8.90
support 3) 8.87
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal because ichimoku made a sell candle in clouds which giving selling trends.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :9.20
i think best time to enter sell trade at 9.20 with tp at 8.90 with narrow stop loss of 9.40
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.
usdnok pair over all looking in strong selling and i prefer for sell the usdnok pair at price 8.30 to 8.50 and we set our take profit at price 8.00 to 7.80 and we set our stop loss point at price 8.50 to 8.70 maximum and trader must analysis the usdnok pir current trend and trader analysis the complete fundamentals and technical analysis of usdnok trading pair then he/she place order and make good profit easily with usdnok pair selling positions today
Forex Forecast with price level
Usd-nok - pair in focus.
Current Price - Expected to be in Sell
main support level too low
main resistance level is near
Pair likely to be in Sell today.