Hello USD/NOK giving usd clear bearish AB=CD pattern which is confirmed by two harmonic calculations. It is projection AB ending around 0.786 fib and BC projection 1.618.
We have multiple rejection to push price above 8.78 area but be aware price can pump and immediately drop.
Target should be brown boxes at the chart.
1) 8.664-8681
2) 8.59-8.61
Stop above 8.802
Good luck
Dont forget to manage your position and set alerts in case quick moves. If you are advanced trader you can ladder up.
We have multiple rejection to push price above 8.78 area but be aware price can pump and immediately drop.
Target should be brown boxes at the chart.
1) 8.664-8681
2) 8.59-8.61
Stop above 8.802
Good luck
Dont forget to manage your position and set alerts in case quick moves. If you are advanced trader you can ladder up.
Trade stängt: målet nått:
1. target