USDPLN breakout Long USDPLN on break of 4.20 and flag consolidation. First target ret-test of previous ATH 4.29 region and longer term target new highs to 4.50
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
