InvestingScope

NOKJPY: Long opportunity on repetitive patterns.

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FX_IDC:NOKJPY   NORWEGIAN KRONE / JAPANESE YEN
NOKJPY has been on a 4H Channel Up which according to its neutral RSI = 51.365 and Highs/Lows = 0.0000 has reached its Higher Low. This is a signal to go long. This Channel Up is identical to the previous sequence that made a 13.010 High. On 1D (MACD = 0.026, Highs/Lows = 0.0133, B/BP = 0.0028) the trend remains bullish as long as the 12.600 support holds. Our TP = 13.000.






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