Hello traders Polish zloty almost reached double top formations. At higher timframes, bearish divergences can be seen. My proposition is short from the weekly resistance. Let me know what are you thinking. Trade safely
USDPLN $USDPLN Continuation Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Double Top formed which signals a reversal! looking for bearish entries until channel breaks up, then we will look long!
USDPLN Trading Plan SELL - Riks Reward 1:3.5
USDPLN Trading Plan SELL - Riks Reward 1:3 Counter Trend
ENTRY: 3.89200+- TP: 3.88000 TP2: 3.86500 TP3: 3.85000 SL: 3.90500 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
For demonstration and educational purposes only. Price is in an overall downtrend and is pulling back, testing 61.8% key fib level twice, which is also a key zone in the market. If price rejects look for a great reward to risk ratio and possible 1200 pip move. Watch price action for clear evidence of rejection. Keep in mind also the strength of the dollar along...
Good day fellow traders, Please find analysis for USD / PLN currency pair. Best Regards, Trader.
OANDA:USDPLN Resistencia fuerte donde suele rebotar el precio. Agosto 2018: el precio rebotó en la zona de resistencia. Octubre 2018: el precio rebotó en la zona de resistencia. Noviembre 2018: el precio rebotó en la zona de resistencia. Febrero 2019: el precio comienza el rebote en la zona de resistencia, se comienza a confirmar con velas rojas de...
Why I belief like this. Plan A As the EURO is getting ready to go North. The EURO is a leading indicator for the Zlotty. So fundamentally the USD/PLN has to go down. The Trendline which had acted as Support has been broken and is acting as resistance. Remember their are always 3 scenario's how a trendline can play out. The you see some rejection allready, for...
Just now..... to the next DZ tf D1