Technical analysis of USDPLN We can see overall trend is bearish but right now the price is now close to strong Buy zone. We are looking for pull back here. Risk/Reward is good. Follow it with proper money management. If you find it useful. Give me like and Comment.
on DAILY: USDPLN rejected our previous support zone in green so we are still looking for objective buy setups on lower timeframes on H4: USDPLN formed a new trendline red so we are still waiting for a momentum candle close above our gray zone to buy this one. meanwhile, this one would be overall bearish and can still test our support one more time before going...
The USDPLN currency pair has dropped significantly despite the cut in the interest rates in Poland. The market currently is hovering around the lower limit of the key downward channel which could be the important support/resistance area. Also, an important resistance could be located at the previous top at 3,98. It seems that only a move above could open the way...
on DAILY: USDPLN is sitting around a support zone in green so we will be looking for objective buy setups on its retest. on H4: USDPLN is forming a double bottom pattern (still an idea) so we are waiting for a momentum candle close above its neckline to buy it long-term. and if price retests our support zone again, then we will be looking for new objective buy...
The pair will continue its downward momentum in the coming days. A report from the OECD is bringing back the confidence in the Polish zloty. According to the international organization, Poland’s first-quarter GDP drop was among the lowest in the group. For years, the country has been on top of the European Union’s fastest-growing economies and analysts are...
LOOK FOR PRICE TO FALL ON OPENING SUNDAY. WAIT TILL PRICE HITS FLOOR!!!! LOWEST ENTRIES MAKE HISTORY. #TRADEGANG
FOLLOWING LAST WEEKS DOWNTREND WAITING FOR RECTANGLE TO BREAK OUT OF CONSOLIDATION 4 HR FULL BEARISH CLOSURE BELOW 3.98802 CONSOLIDATION, ENTER SHORT
We are long OANDA:USDPLN . This is based on our 'Probability Based Trading' concept. For more information check out our homepage or follow us on Twitter!
The Polish zloty’s rally has steadied thanks to the unexpected rate cut from the Polish central bank thank shocked the forex market. Earlier this week, the pair dropped sharply after the news that the National Bank of Hungary opted to leave its rates unmoved. That news gave hopes that the Polish central bank will relatively follow in the steps of its neighbor...
After the zloty's sharp appreciation against the US dollar on 26 May, the market seems to be able to complete the full corrective structure labeled as abc. This is a typical simple correction, where wave c may be equal to wave a. One to one pattern is at 3.99 PLN. Also in this region the previous tops and the lower limit in the trend channel are located, which...
The market just retrace and hit the 0.382 fib level of the previous downtrend move. Now looking to break the resistance structure. According to our entry rules we can look for a nice short position with a first target around 4.075 level. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be...
before we kick start the update. your upvotes/subs are appreciated. Why get subbed to to me on Tradingview? -TOP author on TradingView -professional chart break downs -key levels -no junk on my charts -frequent updates -covering FX/crypto/US stocks -24/7 uptime so constant updates So without further due. Keep it short/simple and to the point. USDPLN XABCD...
Unfortunately for the Polish zloty, it won’t be heading on the same recovery track along with other currencies in the region. Thanks to the unnecessary rate slash from the Polish central bank, the zloty is deemed as undervalued in the foreign exchange market now. This leaves room for bullish investors to maneuver, pushing the pair higher back towards its...
We entered another short position for usdpln as it has net buyers of 6 on our quantitative model algorithm with a cumulative quantitative value of 1295 which is above 925 for a trading confirmation.
On the H4 chart of USDPLN currency pair, we may spot a potential triangle and an inverted head and shoulders pattern. The triangle pattern has been broken to the upside along with the neckline in the H&S pattern. The textbook target for this pattern seems to be located near the previous high at 4,28 PLN. The nearest support could be located at broken resistance...
USDPLN Trading Plan BUY - Riks Reward 1:3