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GBP/NOK Market Trend Analysis

The document discusses a market trend change from bearish to bullish, followed by another shift from bullish to bearish. It highlights the current price direction towards selling, indicating significant liquidity and unmitigated demand below that level. The plan is to enter the market after receiving confirmation for a buy signal.

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Mbulaheni Omphulusa
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5 views3 pages

GBP/NOK Market Trend Analysis

The document discusses a market trend change from bearish to bullish, followed by another shift from bullish to bearish. It highlights the current price direction towards selling, indicating significant liquidity and unmitigated demand below that level. The plan is to enter the market after receiving confirmation for a buy signal.

Uploaded by

Mbulaheni Omphulusa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

1.

At The Start of The Trend We see Tte Structure of the


market Changing Direction From Bearish ToBullish

[Link] again we saw another CHOCH This time From a


Bullish To Bearish

@MbulaheniOmphulusaExcellent

3. Where Price Is Currently Heading (Selling) There's a Lot Of Liquidity And


Below that Liquidity There's an Unmitigated Demand

4. So We Gonna Take our Entries There After price has


given us a Confirmation for a BUY
GBP/NOK- 8h 14.30000

14.20000

14.10000

14.00000

13.90000

13.80000
13.76115

13.70000

13.60000

13.50000

+ <
13.40000

12 20n00
9 17 Aug 9 19 Sep 5

6m 3m 1m 5d [Link] (UTC) % log auto


14.40000
GBP/NOK 8h

14.20000

14.00000

12 2Oonn
13.76177

13.60000

13.40000

+ 5
13.20000

Jun Jul Aug Sep 14 Oct 15

6m 3m 1m 5d T [Link] (UTC) % log auto

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