USD/PLN is pretty interesting from a technical point of view, it has held over its 10-year uptrend at 3.85, held over support on a weekly closing basis from January 2022 on the weekly chart AND completed an inverse head and shoulders pattern on the daily chart, with an approx. upside measured target to 4.14. Each of these indicators individually would suggest a...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also, let me know your thought in the comment section about...
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...
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...
