EUR/KRW Weekly Bullish Flag Pattern – Targeting the Pink Zone'm observing a bullish flag pattern forming on the weekly chart of EUR/KRW. This continuation pattern indicates the potential for an upward move. The price has consolidated within the flag, and I anticipate a breakout to the upside.
Target: My target is in the pink zone, which I've identified as a key resistance area. I believe this is where the price could move next based on historical price action .
Strategy: If the price reaches the pink zone, it may be a good time to reduce long positions and secure profits. I'll continue monitoring for signs of a breakout and further confirmation of this bullish trend.
Always remember to manage risk and adjust your positions accordingly.
KRWEUR trade ideas
KRWUSD IDEAHELLO 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 this long trade..
IF you like my work please like and follow thanks
KRWEUR
HELLO GUYS THIS MY IDEA 💡ABOUT KRWEUR 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 this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
KRWEUR heading for Mariner's Trench.Before we start off with the latest reviews, I want to wish a Happy New Year to all my Followers, visitors, lurkers and haters here on Trading View. Here wishing you the most profitable and bullish year full of impulses and exciting trades in 2021. 2020 was a b... of a year, and I am raising my glass to a clear and sunny 2021. And in the meantime, let's have a look at a few more FOREX pairs.
Obviously a bit of a pattern with the Korean Won pairs by now and KRWEUR is no exception.Actually, a golden zigzag here with a 0.618 retrace on the B Wave. We can see bearish goals in purple, invalidation is in red. seeing that retrace on the B makes me even more confident of the direction and then the extent of the fall. Anyway, it is shorts time. This one will drop before it will rise again. Happy hunting, and again, none of what I say is specifically financial advice.