As goes the Oil.... goes the NOK (more or less).
- Daily trend is bearish, and Weekly HA structure also suggests the pair has chance to continue lower towards 9,03-9,09.
- However short term I see wave exhaustion signal on daily: haDelta/SMA3 already signalled yesterday minor momentum drop. Today candle confirms start of consolidation/pull back above 9,25 resistance. Candle has both upper and lower wicks, haDelta moved more up.
- I recommend to take profit on half of short positions. Doha w/e, and as I wrote yesterday, WTI and Brent oil started a pull back too.
- Bearish support is 9,38-9,41 area, looking to re-sell there.
- Daily trend is bearish, and Weekly HA structure also suggests the pair has chance to continue lower towards 9,03-9,09.
- However short term I see wave exhaustion signal on daily: haDelta/SMA3 already signalled yesterday minor momentum drop. Today candle confirms start of consolidation/pull back above 9,25 resistance. Candle has both upper and lower wicks, haDelta moved more up.
- I recommend to take profit on half of short positions. Doha w/e, and as I wrote yesterday, WTI and Brent oil started a pull back too.
- Bearish support is 9,38-9,41 area, looking to re-sell there.
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.