EUR/PLN - 200 Pips Opportunity

By MoolahMaker
Updated
EUR/PLN has broken over the 200 ema on the 1 hour chart. If it finds supoprt on top of it and it doesn't break it back down, we can expect it to push higher up.

The spread is about 15 pips for this pair, so make sure you calculate your lot size with your spread put into consideration.
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It has broken over the 50 ema as well on the 4 hour chart.

The last time it broke over it, it did a big jump up higher.
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snapshot

If the 50 ema on the 4 hour chart or the 200 ema on the 1 hour chart hold as support, then we can expect it to go higher.
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Here we go! The breakout has begun.
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If you have missed this position, do not get in right now. Wait for a good pullback to long it again.

Nonetheless, It is going to be volatile, making higher ups and downs at random. So it is better to sit back on this one.
Trade closed: target reached
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