USDPLN Retesting the break line and support zone LONGHello fellow traders,
Here is my idea for the pair USD PLN with major support level and retest of the break downtrend line. This is just an idea not a trading advise, always protect your capital, here I have a s/l below 3.76-3.65 when triggered I will manually react, with the T/P as indicated first at 4.2 and second 4.4 being Fob levels of usual reaction,
also, the tarrifs are now sorted, dollar has also dipped and with a chance for recovery following the tax relief for businesses settling in USA good chance for the prosperity of the country and their currency
all the best, good luck
USDPLN trade ideas
USDPLN RSI Bullish Divergence – Bounce Setup with 1:2 R:RI'm spotting a potential bullish reversal on USDPLN after a confirmed RSI bullish divergence on the daily chart. Price made a lower low while RSI printed a higher low, signaling fading bearish momentum.
I’m waiting for a confirmation candle (such as a bullish engulfing or hammer) to enter. This trade setup offers a clean 1:2 risk-to-reward ratio with tight risk control.
Setup Details:
Entry: 3.7600 (above confirmation candle)
Stop Loss: 3.7500 (below divergence low)
Take Profit: 3.7800 (conservative R:R target)
RSI is currently recovering from the 30 level, volume is picking up, and price is showing signs of exhaustion. I’ll exit early if the RSI shows weakness or price gets rejected near 3.7700.
This setup is part of my RSI Divergence strategy — perfect for catching early reversals before the market fully shifts.
USDPLN moves up on 4.10 & further breakout past 4.12
I took this trade Long a few moments ago. I thought whether I was getting into the trade a bit late, but I opened the Daily and Weekly charts to see that this is moving fast on the RSI momentum and its chasing 4.12 a previous key record high, which beyond breaking should launch this combo even further.
This is a pair that tends to rally hard and fast, there is a bit of a buy spread usually but it moves fast to break even on the spread.
USDPLN 1h Reversion ZoneReturn and fill into the reversion zone range is expected.
Reversion zone range: 3.87216 - 3.86069
Resistance level: 3.87871
Support level: 3.85497
⚠️ Reversion Zone is an area on the chart where the price often returns after deviating. Some zones will be covered by nearby candlesticks, while others may take more time.
usdpln is bearishUSDPLN is an exotic currency pair that consists of the US dollar and the Polish zloty. This trading instrument is attractive mainly for traders and investors from Poland. Besides high volatility, the pair’s movement is hard to predict. When performing fundamental analysis of the movement of USDPLN quotes, one should pay attention to important political events in Europe and, in particular, in Poland, as well as monitor changes in the two countries’ main macroeconomic indicators. In the Polish economy, international trade and services occupy the first place, while the second place is given to the mining, manufacturing, and shipbuilding industries. The country’s exports go to Russia, Germany, and Great Britain. The US economy is more developed than the Polish one and is focused on the service sector and trade. The USDPLN pair reaches the peak of activity in the European sessional period - during the operation time of the exchanges located in Poland.
Can we get 4 ?I remain bullish on this repair and have a long position all the way until 4. We did complete a textbook 5 wave structure to the upside and I expect the move to continue grinding up all the way to the FIB cluster at around 4. I have marked two potential take profit zones (blue boxes) with the upper one also showing the imbalances that need to be taken out by the MM.
Trade Like A Sniper - Episode 46 - USDPLN - (17th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing USDPLN, starting from the 3-Month chart.
If you want to learn more, check out my TradingView profile.
USDPLN D1 Bullish - front running Interest Rate decisionAs the inflation is near 2% in Poland, yet the Interest Rates were not cut for a while, I am expecting big positioning in favor of US Dollar.
Unstable situation in the region is also a + for this trade idea.
The stop loss for me is 3.895 and I am looking to take partials at 4.05, 4.10 and targeting 4.20 for USDPLN.
USD/PLN: Triple Confirmation Sparks Bullish MomentumUSD/PLN is pretty interesting from a technical point of view, it has held over its 10-year uptrend at 3.85, held over support on a weekly closing basis from January 2022 on the weekly chart AND completed an inverse head and shoulders pattern on the daily chart, with an approx. upside measured target to 4.14. Each of these indicators individually would suggest a bullish outlook, but collectively they reinforce a compelling case for optimism.
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