US Dollar/Norwegian Krone
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USDNOK setup for short position

59
It is set-up for short position based on the following :
- recent bearish trend
- ABC pattern where C stopped at 0.786 which is bearish sign
- Pair is trading below 200 EMA
- These blue rectangles are showing GAP's from weekly time interval

Things which are suggesting that this trade is risky:
- for the last 4 years this pair is in bullish trend
- on daily chart it bounced from 200 ema

Decide for U'rself if this one is worth the risk. R/R is not decent but it is alright

If U'r MM is on decent level I assume it is worth a risk but if U don;t have solid MM then I would suggest to avoid this trade as it can wipe U'r account out.

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