PLNUSD trade ideas
USDPLN bullish bat pattern [JUST AN IDEA]Hi traders,
On this pair we also have a potential bat pattern. Although I don't trade this pair, I'm still posting it for those that do and to see if the bat pattern is any good on this pair. I post them as I see them.
Entry: 4.12551
Stop: 4.08670
Target: 4.19199 = R:RR 1.71
Best of luck! Updates will follow.
USDPLN bullish bat patternHi traders,
On the USDPLN we can see a bat pattern starting to take shape.
Entry: 4.12621
Stop: 4.07372
Target: 4.21494 = R:RR 1.69
Good luck guys!
USDPLN buy set upHi guys.
Keep an eye on this one for a breakout. The wave up looks like a wave 3 in an 3 wave cyclic move, so breakout out could start an impulse to the upside.
Thank you for your support
USDPLN on the way to upper line of trend channelAfter spring, USDPLN most likely continue up to 4.3 to upper line of trend channel and upthrust last high. It can be about FOMC next week.
USDPLN bullish bat batternHi traders,
On the USDPLN we see a bat pattern forming, which completes at he 61.8% Fibonacci retracement.
Entry: 4.16886
Stop: 4.15297
Target: 4.19386 = R:RR 1.57
Best of luck! Will be updating this post as time progresses.
USDPLN - ready to shortIt looks like price is going to drop based on triple top / H&S formation . So I opened short with nice R:R ratio
SL above previous height.
TP 3,9880
UsdPln s&d analysis. FX_IDC:USDPLN important demand area hold. breakout lower could bring more downside.
Buy opportunity. Long 3.78 Risk is close below demand area.
If this level will not hold, next demand area is 3.42 (also potential h&s pattern target)
Divergence ? Short ?Maybe divergence @MACD
This is new high
time for correction @D1
End of N structure (Ichi Wave) @W1
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
