Trade Setup: GBP/NOK – 6 Sep 2016

6 Sep 2016
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6-sep-2016-gbpnok

Candle Stick Pattern: Evening Star at (1)
Confirmation:

  • Stochastic overbought range at (2), also confirming divergence at (2) & (3).
  • Touching outer band of Bollinger Band at (1).

Signal: SELL
Entry Point: 10.9746
SL: 10.9724
TP: 10.6402

6-sep-2016-gbpnok-cont

Doji at (1) and also retesting support area of (2). So, exit the trade.

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