EURCZK is signaling for a further downward move. IT has created a bear flag. There is no divergence in RSI Significant Levels are marked
EURCZK M up W up Looking at going long of D1 dz Ideally with a 4H structure break and confirmation I will not set a Buy Limit in place but I have my alert set and will trade it only with confirmation on lower time frame
EURCEK is moving in range bound, currently we can see the breakout on both side.
EURCZK is forming a Bullish Trend but its RSI is making lower highs and lower lows. This shows Bearish Divergence hence shouldn't be traded.
EURCZK Non Trending Market. Sell stop and stop Loss is marked. With the Help of Support and Resistance.
Fundament for CZK is bearish 4H uptrend - EUR/CZK 4H - trendline 24.47 - strong support
EURCZK is Bearish. It is printing higher high and higher low, But the trend line shows it's now at the resistance point, also RSI indicates its bearish trend. Take profit point also set with the help of trend line.
📈 EURCZK - Perfectly Bullish on 1-Hour Chart! 🐂 Trade Plan: LONG 🚀 🎯 Entry (Buy Stop): 24.12181 🛡️ Stop Loss (SL): 24.01775 🎯 Take Profit 1 (TP1): 24.22590 🎯 Take Profit 2 (TP2): 24.32990 📈 Technical Analysis Overview: - The EURCZK currency pair is displaying a picture-perfect bullish trend on the 1-hour chart, indicating strong upward momentum. - The trend...
series of HH, HL, showing a bullish trend line SL:23.9515 EP:24.020 TP01: 24.0885 YP02: 24.157
EURCZK is trading in a bullish trend as it is printing higher highs and higher lows
EURCZK is in sideways as it is not making clear HH & HL or LH & LL.
EUR/CZK looks to be forming a bullish reversal pattern. RSI is also showing divergence. Expecting trend to reverse from bearish to bullish and for price to start creating a series of higher highs and higher lows!
Observed Harmonic Bearish ABCD pattern on the chart of EURCZK. Observed diversion on RSI indicator as well. Applied Entry level on potential HH2 and stop loss is defined at the Harmonic "D" level.
EURCZK is continuing consecutive Lower Highs and Lows means its continuing Bearish Trend.
This is another long trade of mine. Similar to Japanese Yen, I think Czech Crown is artificially propped up, so the Euro price in terms of crowns doesn't extend above 24.5 This can be deducted from CNB's balance sheet. Czech Republic has among worst inflations out of EU bloc, and therefore this should be reflected in the currency's strength (in the form of...
The just broke the previous structure and now creating HH and HLs. The market just created an inverted hammer on a 2-hour timeframe. It is most likely to go up.
EURCZK $EURCZK Initial Re-Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
I will make a multi time frame analysis to give you an idea of what the price could do next Monthly: The price is currently over extended. When price is overextended, we always could expect a retracement to happen next. The price could be getting ready to make the retracement soon. Weekly: The price is also over extended. In the weekly we can see also that the...