Please support this idea with LIKE if you find it useful. Price was rejected by the Higher Boundary of the Descending Channel and formed the Evening Star bearish candlestick pattern. If price loses the mid line of the Descending Channel we can initiate a short position Thank you for reading this idea! Hope it's been useful to you and some of us will turn it...
USDCZK Trading Plan BUY - Riks Reward 1:3
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 USDCZK technicaly based idea, we can see price is bounce from bottom trend line, candels formation strong...
In the recent sessions, it has been a constant tug of war between bulls and bears for the USD/CZK pair. The Czech koruna’s attempt to recover continuously gets foiled by the US dollar. However, the results from the Czech Republic’s unemployment rate caught investors off guard as it remains unmoved for the month of March. The results from the unemployment rate...
Just count the waves. To trade, you need to wait for a nice setup
ENTRY: 22.850 TP: 22.950 TP2: 23.050 TP3: 23.150 SL: 22.750 Chart time frame - 1D Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 22.90000 TP: 22.80000 TP2: 22.75000 TP3: 22.70000 SL: 23.00000 Chart time frame - 1D Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
The pair failed to breakout from a key resistance line, sending the pair lower towards a major support line. Analysts are worried from their forecasted figures for the Consumer Price Index (CPI) report year-over-year (YoY). This was amid three (3) consecutive figures of 2.3% on the report. The US inflation target were between 1.7% and 2.0%. A figure higher or...
Currently waiting on price to show some sort of minor exhaustion at this interesting area to continue this Bull Run. (Descending Trend Breakout Strategy)
Too late for entry on the south side of this trade, currently waiting for a minimized risk for our highest potential reward scenario. Waiting for Price Action to show out at our area of support.
The pair will reverse back in today’s session following last Friday’s weak candle, sending the pair lower toward its previous low. Czechia introduced its digital taxation system during the meeting of the EU’s finance ministers in Brussels. The move by Prague was in addition to the growing number of EU-member states introducing a digital taxation bill. The...
An aggressive entry would be to enter at opening of market but i'd rather wait for a clear 4hr close before entering this set up assuring us that price will continue lower.
The pair is trading within a +1.5years Channel Up (1M RSI = 52.074, MACD = -0.009, Highs/Lows = 0.0000, ADX = 35.324). This month it extended the rebound of the last Higher Low and also held the 1D MA200 (orange line). Even though the 1D MA50 is applying Resistance at the moment, we are expecting a steady uptrend within the blue shaded area, in the same manner as...
Hello traders, price has recently bounced off the lower band, forming a double bottom like structure...........a buy is in order