EURPLN Rocket Moon StrategyOur rocket prediction shows that there should be a nice pop in EURPLN in the upcoming weeks. Sponsored by MetaFreedom Investment Group.
EURPLN trade ideas
EURPLN 1H - Support and ResistanceAnalysis:
EURPLN price is currently in range. We can take following trades on the bases of Support and Resistance levels.
------ Trade ------
Chart: EURPLN
Type: Long
Entry: 4.71925
Stop Loss: 4.71286
TP1: 4.72564
TP2: 4.73203
------ Trade ------
Chart: EURPLN
Type: Short
Entry: 4.67775
Stop Loss: 4.68600
TP1: 4.66950
TP2: 4.66125
EURPLN sideways graph Taking entry on a sideways graph with a potential profit. Long from support 1. EUR vs PLN
EURPLN - Non Trending market - breakoutObserved Non-Trending Market on EURPLN (Euro / Polish Zloty)
Applied Strategy
1) If the market performs an up-trend, the "Buy Stop" order shall trigger at 4.7300 and make a profit of a 1:1 ratio.
2) If the market performs a down-trend, the "Sell Stop " order shall trigger at 4.652 and make a profit of 1:1 ratio.
EURPLNEURPLN 1H TF Long & short entries are mentioned on the chart but we will play only one side whichever entry hits first.
EURPLNBullish Flag Pattern Formation, 4hr Candle Should close Above 4.71 price back Retest old Resistance levels,
1hr Ascending Pattern Formation Price need to breakout for further move.
EURPLNBullish Flag Pattern Formation, 4hr Candle Should Close Above the price and will Retest old price, after breakout it will Rise
EURPLN Entry 4.68762 Target Price 4.73250Two Higher Lows; Swing High; Engulfing Candlestick; Parallel Channel;
Entry Price = 4.68762
Take Profit Price = 4.73250
EURPLN BUYI went short the Polish Zloty (PLN) via a long EURPLN position.
My models point to a overvalued Polish Zolty, that in combination with an underlying bullish structure gives us a nice setup.
Risk/Reward ratio = 6
This is a longer term position, if you take the trade, make sure your Broker charges you competitive swap rates.
Manage you risk properly.
EURPLN Entry Price 4.70089Pin Bar formed at Resistance Level. Pin Bar formed at pull back to the resistance level.
EURPLN Entry Price 4.79000Watch Price Level 4.79000 for a bullish price action signal. Wait for price to close above 4.79000 before entering a trade.
Pip Goal: 298.8 Pips (EURPLN)Bullish Engulfing Candlestick formed on Pivot Point, EMA 10, and EMA 20.
Pip Goal: 246.7 Pips (EURPLN)Closing price (black) is near horizontal level price, EMA 10 Close Price, EMA 20 Close Price, and a Previous Pivot Point Price; Enter a long position. The rejection candlestick open and close price has a short distance.
#week07assignment #RafayShort Position taken after observing price action at following
1. Bearish AB=CD
EUR + USD + CHF bucket to PLN - over timeDifferent governments over time in 1 month timeframe.
Graph shows EURPLN + USDPLN + CHFPLN bucket.
It simply shows, how "strong" Polish currency is.
EURPLN `` EUoTY `` RR/6xAnticipating trendline break and retest.
Seem good enough support to launch this
EURPLN $EURPLN Continuation Short EURPLN $EURPLN Continuation Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Falling Overall Average Signal from all our indicators suggests a Short. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
