USDNOK neutral

Elliott Waves and USDNOK

12 August 2021 526
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In accordance with Elliott’s Wave Theory, visually mark the first and third impulse waves and the second corrective one. Then wait for the fourth correction wave to complete and the fifth impulse wave to begin. But already now it’s possible to place a BuyStop order at 9.11 and a TakeProfit order at a level between 9.35 and 9.5 (38.2% and 61.8% of the length of the third wave). 

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