USDPLN trade ideas
TIME FOR RETRACEMENTConcept is based on completion of bearish bat on daily time frame. Therefore I expect a retracement at least to around 0.382 fib. level
TRIANGLE PATTERN I expect a breakout from trangle to upside as a last move up before reversal.
Target on weekly timeframe ties up with target on higher, monthly timeframe.
USDPLN D1 SELLPRICE REACHING THE RESITANCE CHANNEL AND HORIZONTAL RESISTANCE OF 3.98 WHICH HAS HELD UP BEFORE IN THE PAST COUPLED WITH STOCH WELL OVERBOUGHT 90 LEVEL AND DIVERGANCE ON THE MACD WILL LOOK TO GET AND SHORT SUBJECT TO THE CLOSE OF TODAYS BAR AND TARGET 3.82 ZONE
USDPLN broke resistance bullish continuation?Traders,
USDPLN broke the sideways resistance after a rounded bottom at the 618 level.
We have some nice edges showing us the price could make a move to the upside!
Lets see where the market will move.
It is recommended to wait for a intraday retracement!
Good luck
USDPLN shorting oppertunnityTraders,
Got another oppertunnity to short USDPLN.
Seeing a nice impulse with a retracement to the 618 level.
At the resistance line we saw a indicision candle followed
by an strong bearish candle.
Likely to see some downside here.
Best regards
Beautiful chart: text book sellCame across this very beautiful looking chart with a triangle correction that is broken to the downside, another smaller degree correction again broken to the downside and now a correction upwards looks a good text book sell opportunity.
IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
USDPLN near strong supportAll fundamental data tell ass that USDPLN should be at 4,04... It is strong point to buy this. You can see at this pair in next two year. After Brexit and when in Poland government is still PIS - half of this people should be in psychiatry hospital....
USDPLN - Daily uptrend + setup for trend continuation.Looking for the 61.8 retracement for a potential trend continuation.
Previous analysis:
Happy trading!
Today next wavesUSDPLN for obvious reasons, many fell into a powerful trend. It is interrupted by constant waves of correction because the current growth belong expected to fall , and then walking in the direction of 3.989 , or even higher.
