EURNOK and USDNOK Setups

2020-01-08 03:03:25

EURNOK and USDNOK both been in a prolonged downtrend with multiple swings and we have reached an important support/flip zone on the daily chart.

Looking to see a reversal here and we already getting signs of trend exhaustion with a potential double bottom pattern and we could also create our first higher low swing here with a break above the highlighted zone.

https://www.tradingview.com/x/CNSdQKbH/

A simple trade idea with good confluences. Await for the break and close to enter.