USDPLN & USD in for ONE LAST PUMP! Form Right Shoulder then DUMPUSD looks Bullish for one last leg up. In meanwhile, BTC and Crypto will dump. One USD is done creating the right shoulder of this massive Head and Shoulder pattern, it will dump heavily and BTC will then enter Bull Market. Sorry for messy Technical Analysis. No time to make it neat before publishing.Longby BTCeerUpdated 111
usd/pln reversal after going from a wedgea divergence, wedge. First target is 4.62, then 4.75.Longby dmipodd113
PLN/USDI think PLN is might have change to get stronger soon. However im not loving FTX i want to see this one. WyckoffLongby UnknownUnicorn13126881112
Time to short the Polish ZlotyThe idea is very simple... Despite it having a significantly higher interest rate than the US, capital isn't flowing in the country. Poland is in a very tough place right now, as it has a relatively small economy and doesn't have a currency that is widely used. Europe overall is a big mess, and the PLN is affected by the EUR too. The ECB still has rates at -0.5% and Poland has rates at 6%, yet EURPLN is near its ATHs. In the charts below you can see how bad EURUSD looks, which I think will go below 1.03 to sweep the lows and then maybe bounce for a while, and how EURPLN might have formed a massive top. Therefore it might be a better idea to short EURUSD than going long USDPLN (short PLNUSD), as it will have a lower carry. Yet the structure of USDPLN is much cleaner, and a breakout could be massive. I definitely expect to see the USDPLN highs swept, then a pullback and then continuation higher. This consolidation looks very bullish, and a breakout would potentially lead to a major expansion over time. The main fundamentals behind this is that Poland can't sustain such high rates with such high energy prices as the economy will collapse, and at the same time it does look like Poland would be one of the next countries that Russia will attack. Unfortunately it feels like a matter of time until Russia fully conquers Ukraine, something that will hurt Poland very badly due to its ties with Ukraine, and then it feels like a matter of time until they begin their next war. Longby BitcoinMacroUpdated 223
Trade # 28: USDPLN SHORTShort Position Entry : 4.49393 SL: 4.55654 TP1: 4.46193 TP2: 4.42715Shortby Sameerkatija1
USDPLN - still going uphi, best regards from Poland, from my work I see that USDPLN can hit 5.4 zl or even 5.6 zl I think that we are on the beginning of creating one of the shoulders - waiting for a head, even one head or even two heads... Situation is still dramatic - FED officially said that it is fighting with inflation. Still. It is major and the most important factor and risk in this game. Then we got war, still, without any conclusion how it will end... many scenarios are being plays. I do not believe in atomic attack. I think that this war will be to last drop of blood. Like Armenia and Azerbaijan conflict. Major issue - still Europe is without gas, oil, no working pipelines for German, Poland. France and Italy or Spain are going very good. I wish you good luck in this hard game, But remember the most important and cycles. We got economical cycles and we see that there is one being played on USDPLN - Long. Look on the chart in long term - compare 2000 highs, then lows and see where goes arrows. Longby dolphinfromegyptUpdated 6
usd pln - polish currency at trend linestronger zloty although global financial sentiment not so supportiveby KrzysztofStepien0
Trade # 13: USDPLN LongLong Position Entry: current 4.842880 Stoplose: 4.807422Longby Sameerkatija110
Trade # 7: USDPLN Long positionLong position Entry: 491271 Stoplose: 4.80694 Long positionLongby Sameerkatija0
Shorting opportunity on USDPLN Hello traders Polish zloty almost reached double top formations. At higher timframes, bearish divergences can be seen. My proposition is short from the weekly resistance. Let me know what are you thinking. Trade safely Shortby DivergencifyUpdated 224
USDPLN - 2 YEAR POSITION LONGUSA BUDGET REVENUES - 2.45 T Poland - 88.3 B (28 Times less than USA) USA is outperforming Poland in these metrics: Exports, GDP (See link for variations) , Gross National Income, Human Development Index, Purchasing Power Parity, Inbound Tourism Income, balance of payments, central government debts, foreign direct investment, economic freedom, companies listed domestic, market capitalization of listed companies, total reserves, high technology exports, gross domestic savings, consumption by sector, GNI, innovation, electricity consumption per capita, welfare, patents granted, natural gas production, steel production, overall productivity ppp Link where data was pulled: www.nationmaster.com Inflation is at 25 year high at 15.6% for Poland. I do not think NBP will be able to handle a potential collapse of the euro, and the negative implications that it would cause for the Polish Zloty. As the dollar demand increases throughout the world, we might even see a liquidity crisis if enough bail outs are needed when dollar starts jumping on safe haven premium. A while back I called USDTRY buys at 5.78 which would have been face melting positions if I would've held for over 1 year. That same pair is now 18+ So imagine just how bad USDPLN can get when it is ONLY 4.9, I'm expecting at least 10-15 USDPLN for the future... Data for CPI = www.nbp.pl Stay safe, WAGMI Editors' picksLongby AlmightyPips1818387
USDPLN $USDPLN Continuation ShortUSDPLN $USDPLN Continuation Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.Shortby loxx113
USDPLNSEK has already reverted to the mean PLN seems to be in an arbitrage type of set up. This could be coupled with impending potential dollar weakness. Shortby AbstractThoughts111
Review of the USDPLN chart on the 1D intervalHi everyone, Let's take a look at the USDPLN chart in the 1-day range. As you can see, we moved in an uptrend channel marked with yellow lines for a while, then entered a downtrend marked with blue lines, and then exited from the top. It is worth setting the first support zone from PLN 4.63 to PLN 4.57, and then we have a strong support zone from PLN 4.47 to PLN 4.37. Looking further, we see another support at the level of PLN 4.24 Now let's move on to the resistance that the USD valuation has on the way and we can see that the first resistance is a strong zone from 4.72 to 4.78 PLN and another resistance at 4.86 PLN. Let's take a look at the Chop indicator, which shows that we are getting energized after the last increase, and the MACD indicator shows a local downtrend.Longby cryptodailyuk7
Review of the USD / PLN chart on the 1D intervalHi everyone, Let's take a look at the USDPLN chart on the 1-day interval. As you can see, for some time we were moving in the uptrend channel marked by yellow lines, but now we are moving in the local downward trend. It is worth setting the first support line at 4.54 PLN, and then we have a strong support zone from 4.47 PLN to 4.37 PLN. Looking further, we see another support at the level of PLN 4.24 Now let's move on to the resistance that the USD valuation has on its way and we see that the first resistance appears at 4.64PLN, the next one at 4.68PLN, then we have a strong resistance zone from 4.72PLN to 4.78PLN and the next resistance at 4.86PLN. Let's look at the Chop indicator which shows that we still have a lot of energy and the MACD indicator shows a local downward trend, but the blue line bends strongly and is close to the intersection of the red line from the bottom, which would confirm the upward trend change.by cryptodailyuk8822
Usd/Pln analysis According to geometric shapes and fibonacci I see a bullish trend in usd/pln 1h time frame But don't trade via my idea Never do it Longby Mark27360
Please don't deal via my suggestion According to geometric shapes and fibonaci, I see a bullish trendLongby Mark27360
SHORT IDEA ON USDPLN This is my idea of a short position on this pair for your consideration. USDPLN is overbought, bearish divergence in place on weekly time frame. I suggest going short to the level of 4.3. Good RR. Trade safe CheersShortby DivergencifyUpdated 7
USD.PLNThe reading, preliminary, of CPI inflation for July did not bring much surprise. The dynamics amounted to 15.5% y/y equaling the June reading. A large part of the market assumed that a month ago we observed a peak in dynamics, meanwhile we received a flattening. From the MPC's perspective, this doesn't change much (sub-1x25b expected). Interestingly, we received a comment from the PFR today suggesting still a space of 50-75bp. by cryptobetgang4
SHORT - USDPLN - 30MPAIR:- USDPLN INSTRUMENT:- Forex POSITION:- Short TIMEFRAME:- 30 minutes STRATEGY:- Swinging between Support & Resistances + Candlestick Pattern REASON:- Waiting for price to bounce @ Resistance. Putting the sell limit order @ resistance level. Seller wicks at resistance level. S/R Lines @ 1D/4H/2H/1H/45M to take entry in 30M tf ENTRY:- 4.68505 TAKE PROFIT:- 4.67106 STOP LOSS:- 4.68977 RR:- 1.8:1 Sell limit Order @ ResistanceShortby oahmedk0