naynay97
Short

USD/CZK shows potential downtrend.

OANDA:USDCZK   USD/CZK
Good morning ladies and gentlemen and whoever doesn't fit into two genders anymore.

Currently USD/CZK is showing potential downtrend. I've identified this by checking the W and D chart.

W chart shows a sideways momentum whereas the D chart shows a distinctive downtrend. I have also seen a double top form which could be beneficial for the analysis.

If price breaks 1st support line, then I will enter a trade on the 2nd support line.


S/L: 25.08413
Entry (sell): 24.89251
T/P: 23.66749



Hope people find this beneficial and please give me some feedback or anything that will benefit the analysis.

Anyways, take care and trade safely and risk free (Y) :)
English (UK)
English
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out