Here we have some sideways action on the Korean Won. This currency has been extremely weak. I am predicting bullish continuation of the US dollar. If we see a test of the support zones and the support holds, I will be positioning for a bullish continuation.
HELLO GUYS THIS MY IDEA 💡ABOUT KRW is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
I think we have a downward correction from the red area to the green area.
USDKRW rates is on the verge of "to the moon". As always, populism policy causes domestic inflation~hyperinflation to make its own fiat money undervalued. Thus, Many people will eventually suffered, as Turkey, Venezuela, Argentina, Brazil, Greece, and Zimbabwe.
HELLO GUYS THIS MY IDEA 💡ABOUT KRWUSD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
HELLO GUYS THIS MY IDEA 💡ABOUT KRW USD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this long position.. and when the price come back to this area, strong buyers will be push down the market again.. UPTREND + Support from the past + Strong volume area is my mainly reason...
As rates rise in the US and S.K. turns importer with high debt the Won will suffer As a result
This huge triangle pattern was broken out of and the pattern had been fully retested recently and now the breakout has hit pump mode. The Yen is very similar.
It looks from the chart that we may potentially see a significant move on the Korean Won to the USD soon. This large timescale triangle pattern appears to indicate a breakout or breakdown could occur.
About to break out of almost a 30 year consolition
Are you short Terra land? Well Im short the whole Korea.
✅USD_KRW was trading in an uptrend But after the retest of the horizontal resistance On the daily time-frame The pair broke the rising support And after the pullback bearish continuation is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
What would happen if this happened? Do you think it's possible?
due to the fundermentals around the yen i see this pair going past 2000.