EUR/PLN: Scope for lowerNo change in the bearish FX_IDC:EURPLN tone, as falling intraday studies keep near-term sentiment negative and extend pressure on support at the 4.4950 Fibonacci retracement and congestion around 4.5000.
Daily stochastics and the Tension Indicator continue to fall, and broader weekly charts are also deteriorating, pointing to potential for still further slippage towards the 4.4650 retracement.
Meanwhile, resistance remains at 4.5200.
A close above here, if seen, would turn sentiment Neutral and put prices into fresh consolidation below 4.5500.
Pln
JPYPLN ABOVE KEY LEVEL + STRIKES AND RIOTS IN POLAND- Poland in deep trouble economicaly
- new lockdowns in Poland
-nearly 20 000 new cases of covid every day!! huge numbers
- milions of people striking on the streets in every big city
- good for long term buy , we nee the price still follows the up trend with recent corrections
USD/PLN to the Support Zone🔸 4H CHART EXPLANATION:
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🔸Price is on a strong downtrend.
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🔸It has broken the Weekly Ascending Trendline.
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🔸Now, it has broken the counter-trend corrective move. We consider that this pair has potential to reach the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
EURPLN a short opportunity 🦐After our profit on this pair we look now for a new opportunity.
Market hit on the daily support and already tested it few times.
Yesterday market tried to break the structure without succes and price got rejected inside the bear flag .
Finally seem that price lost support and we can look for a nice short order according with Plancton's strategy .
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
CHFPLN Buy SignalPattern: Channel Up.
Signal: Buy as the MACD on the 1D time-frame made a bullish cross, while the price is finding Support around the 1D MA200 and the Higher Low trend-line of the Channel Up.
Target: 4.2500 (inner Higher Low trend-line).
Most recent CHFPLN signal:
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EURPLN double top on the 0.618 🦐The market has retraced in a inside a channel till the 0.618 fib level and created a double top.
Now the price is moving down and if the price will manage to break the channel and consequently will break the 4h structure we can look for a nice short order according with our strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.