Hello everyone, if you like the idea, do not forget to support with a like and follow. USDPLN is approaching strong daily resistance in green and round number 4.00 so we will be looking for sell setups on lower timeframes. on H4: USDPLN is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing low to form around it to...
USDPLN, Sell on H4. H4: - Structure: Downtrend forming - Below resistance - waiting re-testing resistance => Sell
USDPLN, Sell on H4. H4: - Structure: Downtrend forming - Below resistance - waiting re-testing resistance => Sell
Welcome back Traders, Investors and Community! Analysis of #USDPLN If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Price Action on Daily Timeframe+Bearish BAT - We will be...
The USD/PLN exchange rate has bounced back after the previous strong zloty appreciation. It seems that it has ended thanks to currency intervention by the central bank of Poland. However, it seems that also the market was oversold so the larger correction may appear soon. Currently, we may observe the first upward movement as the new impulse wave. After that the...
GREETINGS This articles will be a follow up piece to the educational article I did on correlation trades in the forex market. Check out my article on CORRELATION-DIVERSIFYING-HEDGING-An-elementary-view Now in a previous article that I wrote I had strongly suggested that the AUDJPY had reached a key level of resistance on the daily and weekly chart and was...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
USDPLN broke down and will fall to around 3.6. Share thoughts in the comments below Like and follow for more content. Good Luck
Coronavirus cases jumped to 300,000 in Poland on Thursday after it had seen 20,156 new cases, a record the country has never seen. However, the Polish government is insisting on keeping it open. The market is projected to keep worrying about its country after the total number of infections turned out to be thrice as much as its previous record in less than a...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
Hi there. Price is forming a possible continuation pattern to the downside. Watch strong price action at the current levels for sell.
USDPLN rounded bottom, indicates a move to the upside Share your thoughts in the comment section below Like and Follow for more content Link in the related links for the last USDPLAN idea Good Luck!!!
🔸 4H CHART EXPLANATION: . . 🔸Price is on a strong downtrend. . 🔸It has broken the Weekly Ascending Trendline. . 🔸Now, it has broken the counter-trend corrective move. We consider that this pair has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup.