It's time to buy NOK/SEK

42
For several years, the NOK/SEK rate has been moving within a falling wedge formation. Recently, it broke through the lower trend line, and then quickly returned back into the wedge. One of the rules that I use in long-term analysis is: in such cases, there is a very high probability that the rate will break through the second trend line from the opposite side, and this will be a large and fast movement.
1st TP: 1.00;
then pullback,
2nd TP: 1.05;
3rd TP: 1.10
Good luck :)

Feragatname

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