Hello Dear Traders,
You find below my analysis to Eur NOK. This pair is strictly correlated to oil prices and S&P 500. The future trends may mirror this pattern closely. The oil fund owns more than 1.5% of all the listed stocks worldwide, and its returns alone were worth a third of Norway’s GDP in 2020—even amidst the pandemic. According to my set of rules,
In this set up, I am showing in my chart is a high probability setup. We have large bearish candles, meaning there is a lot of selling orders. so use proper risk management, I recommend 1%.
Good Luck.
Entry:at 10.37513
SL 10.4308
TP 10.22
You find below my analysis to Eur NOK. This pair is strictly correlated to oil prices and S&P 500. The future trends may mirror this pattern closely. The oil fund owns more than 1.5% of all the listed stocks worldwide, and its returns alone were worth a third of Norway’s GDP in 2020—even amidst the pandemic. According to my set of rules,
In this set up, I am showing in my chart is a high probability setup. We have large bearish candles, meaning there is a lot of selling orders. so use proper risk management, I recommend 1%.
Good Luck.
Entry:at 10.37513
SL 10.4308
TP 10.22