Trade Setup: USD/NOK – 6 Oct 2016

Candle Stick Pattern: Variation of Morning Star at (1). Confirmation: Touched outer band of Bollinger Band at (1). Stochastic oversold range at (3). High volume at last 2 bar at (4) also confirming the direction. Signal: BUY Entry Point: 8.0223 SL: 7.9621 (Lowest low of morning star bars) TP: 8.3163 (Recent major resistance at (2), … Continue reading Trade Setup: USD/NOK – 6 Oct 2016