CZKUSD trade ideas
USDCZK SHORTAfter price test this daily level I went to lower time frames and on the 12 hour chart I saw a few rejection candles off of this level so I am going short and targeting previous support.
Currency pair analysis usdczkIt is possible to reach the target by combining strategies 1 and 2 myself
USD/CZK Hi to everyone I think USD/CZK in range (22.458 - 22.256) is very good for long position.
SL=21.923
TP=23.064
OANDA:USDCZK
USDCZKUSDCZK Sell idea. if price break down bearish pattern, price maybe can touch support 1 more time.
USDCZK Target Price 22.93245USDCZK Parallel Channel; Exponential Moving Average; Horizontal Support & Resistance
USDCZK Exponential Moving Average and Trend Line Foreign Currency
Trend: Up
Level: Diagonal Level, EMA 10 Level, EMA 20 Level
USDCZK Triangle Chart Pattern (Target Price 22.67150)USDCZK Foreign Currency Pair
Trend: Up
Level: EMA 10, EMA 20, Diagonal, Horizontal
Signal: Break Out Candle
USDCZKMy last trade target got reached so I currently I'm updating my trade Idea from a weekly point of view (Blackline draw) are weekly support and resistance.
5 wave impulsive move completed and a triangle corrective, currently projecting a 5 wave impulsive move.
USDCZKMacro currency view and Elliot wave pattern.
What currently could be a long-term impulse move or a corrective with a 5 wave internal structure. Wave 3 is an extended not likely to pass my current target.
Bullish Bounce???Looking for a beautiful bullish bounce off the 38.2 towards the upside. Risk to reward is beautiful...originally thought this was going to sell more but after doing a top down analysis from the monthly to the 1HR TF i've confirmed for myself a great buying opportunity!
Give me your opinion!!! We all trying to get paid right???
ČNB massively increases interest ratesČeská národní banka (Czech National Bank) has increased interest rates from 0.75 to 1.5 This was not expected at all and is likely to have continuous impact on the markets.
I started shorting both USD and EUR against CZK.
Support on EUR
Support on USD
There is far more room to go for Crown against Dollar, but I expect the support to be broken unless FED and ECB also increase the rates.
I will be updating my indicators this weekend with a new value.
USDCZK. Technical analysis. 26.09.2021DISCLAIMER
Trading or investing carries a high level of risk, and is not suitable for all persons. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk.
This content is subject to change at any time without notice, and is provided for the sole purpose of education and assistance in making independent investment decisions.
I'm only publishing a technical analysis. When making a transaction, I don't just rely on it. I do not share the indicators I use.
💡 USD/CZK Potential long opportunityHi traders, I'm Seeing some USD strength here. This trade could play out, so its on my watchlist 👀
Profit in money US$202.50 Profit in pips 4,361.6Enter: 21.37598
Exit: 21.81214
SL: 21.20746
Reason:
1. Strong Demand Zone
2. Higher Low
USDCZK Long Call
Bullish Reversal Signal
Candlesticks formation in place
Hammer
Inverted Hammer
Bullish Engulfing
Dow theory
Higher high and higher lows in place
Entry @ previous break point of higher high
Stop loss below lower low
2 Stage Take Profit
Entry @ 21.4905
Stop Loss @ 21.3650
TP 1 = Entry - Stop =21.6152
TP 2 = Trailing Stop loss
Česká koruna is looking good for longsBased on weekly charts, I would say long. Long-term volatility is dropping in a downside triangle...
USDCZK Entry Price Area Of The Exponential Moving AverageWatch For A Pull Back To Support Resistance Level 21.84650, Exponential Moving Average Period 10 Level 21.87884, Exponential Moving Average Period 20 21.96575
USDCZK Trend Continuation After clear price action showing us that the market is breaking higher highs along with local areas of resistance we look for the next push up that's the 2nd wave. This is an aggressive but optimal trade respecting the 3:1 ratio for risk-reward.
