USDPLN trade ideas
USDPlN short on the level of 50 and 61.8 of fibo the entry was there and after the breakout still waiting to hit 4.075488
USD/PLN About to Drop by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION:
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🔸 Price is on an uptrend, however it has formed a double top pattern with the previous max level.
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🔸 We observe that the level could not be broken, and, if we go to a lower timeframe, we see some bearish signals.
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🔸 It has potential to reach the Ascending Trendline.
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🔸 Will look for a lower timeframe Bearish setup.
🔸DAILY CHART ANALYSIS:
USD/PLN Long Trade - Entry 4.20046Stop Loss = 4.10583 / Take Profit = 4.48471 > Coupled with a 1% risk with 3% reward.
Once the trade reaches a 2:1 point move SL in front of opening at a 1:1 point to mitigate risk.
Keep Chasing that Paper!!!
USDPLN - SHORT - STOP/ENTRY/TAKE PROFITLooking too exotics to trade on.
Standard pairs make no sense currently.
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Weekly and Daily Momentum downwards with room to the 50 EMA.
4 hour chart - PA below the T line after .382 retrace..
1 Hour chart - PA looking like a continuation of larger PA to the down side. Pushing for a fresh low given the room to move lower on those Weekly and Daily Charts
USDPLNHi all,
we wait , when price go near support zone go up or go down, we wait for support zone reaction! but my idea is bullish scenario!
Tnx!
USD/PLN Double Top by ThinkingAntsOk🔸 Weekly Chart Explanation:
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🔸 Price is on an Ascending Channel.
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🔸 It has bounced at the Resistance Zone.
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🔸 It has potential to reach the Ascending Trendline on this downside move.
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🔸 We will look for a lower timeframe bearish setup.
DAILY CHART ANALYSIS:
USDPLN Long : + %1.37Parameters :
Position Size : %1
Risk/Reward Ratio : 3
Stop-Loss : 3.92447
Goal : 3.99654
USDPLN expecting bearish continuation
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
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All best!
USD/PLN will continue its uptrend movementThe pair will continue its uptrend movement towards its previous high. Poland is set to publish its fourth and final quarter gross domestic product (GDP) growth for fiscal 2019. Analysts anticipate the country to post lower figures following a downgrade from Bank Polski. State-controlled PKO BP said it is expecting the country to grow 3.5%, down by 0.2% from earlier forecast. The reason for the revised growth forecast was due to rising inflation. In January, Poland had a 4.4% interest rate which is higher than the inflation target of 2% to 4%. The figure is the highest recorded data since 2013. The country also came under pressure from the withdrawal of the United Kingdom from the European Union. Poland is among the countries who benefited from the EU budgets. The withdrawal of the UK, however, will leave a hole in the budget. This could spell trouble for the Polish economy. Meanwhile, America will continue its longest economic expansion in history.
