Our rocket prediction shows that there should be a nice pop in EURPLN in the upcoming weeks. Sponsored by MetaFreedom Investment Group.
Taking entry on a sideways graph with a potential profit. Long from support 1. EUR vs PLN
Two Higher Lows; Swing High; Engulfing Candlestick; Parallel Channel; Entry Price = 4.68762 Take Profit Price = 4.73250
Pin Bar formed at Resistance Level. Pin Bar formed at pull back to the resistance level.
The idea is very simple... Despite it having a significantly higher interest rate than the US, capital isn't flowing in the country. Poland is in a very tough place right now, as it has a relatively small economy and doesn't have a currency that is widely used. Europe overall is a big mess, and the PLN is affected by the EUR too. The ECB still has rates at -0.5%...
Watch Price Level 4.79000 for a bullish price action signal. Wait for price to close above 4.79000 before entering a trade.
Bullish Engulfing Candlestick formed on Pivot Point, EMA 10, and EMA 20.
Closing price (black) is near horizontal level price, EMA 10 Close Price, EMA 20 Close Price, and a Previous Pivot Point Price; Enter a long position. The rejection candlestick open and close price has a short distance.
Different governments over time in 1 month timeframe. Graph shows EURPLN + USDPLN + CHFPLN bucket. It simply shows, how "strong" Polish currency is.
Anticipating trendline break and retest. Seem good enough support to launch this
EURPLN $EURPLN Continuation Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Overall Average Signal from all our indicators suggests a Short. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
EURPLN Long on the Daily. Targets and SL on the chart.
this correction and goal to buy super strong chart go upside. Thank you for your support