USDPLN trade ideas
USD/PLN Possible 1200 pipsFor demonstration and educational purposes only. Price is in an overall downtrend and is pulling back, testing 61.8% key fib level twice, which is also a key zone in the market. If price rejects look for a great reward to risk ratio and possible 1200 pip move. Watch price action for clear evidence of rejection. Keep in mind also the strength of the dollar along the way, which would impact movement. Trade at your own risk and use proper risk management.
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SELL USD/PLNWE ARE IN THE C WAVE DOWNWARD AS PER ELLIOTT WAVE PRINCIPLE, WE ARE EXPECTING THE PRICE TO REACH 3.8580.
USD/PLN will continue to move higher in the following daysThe pair will continue to move higher in the following days after it broke out from a key resistance line. Poland agreed to buy $4.6 billion worth of US made F-35 fighter jets. This was amid the increasing gap in the relationship between Poland and Russia. Recently, the two (2) countries are engaged in a word war over who started the World War II. Polish Ambassador to Russia Georgette Mosbacher tweeted that Hitler and Stalin colluded to start WWII. Russian Parliament Speaker Vyacheslav Volodin responded by saying the tweet was an insult to Russians and Americans. The rift between the former USSR (Union of Soviet Socialist Republics) were favorable to Americans. In recent months, the United States has been building up the defense in the eastern bloc. This was after the US and Russia withdraw from the 1987 nuclear pact treaty, the INF (Intermediate-range Nuclear Forces). The US and Russia are also engaged in a Cold War in the Middle East.
SELL on Resistance zone on H3 timePlease support this idea with LIKE if you find it useful.
Entry Price: on Sell Zone
TP1 - 3.85464
SL - 3.93386
Reason: It is strong Support zone and trend line.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
My runnin Trade with Break even point, opened 2 days agoMy runnin Trade with Break even point, opened 2 days ago
SHORT ready?Dywergencja na wskaźnikach RSI MACD Spodziewam sie niewielkiego zejścia w dol z cena na H1. :)
USD/PLN Long Scenario Activated by ThinknigAntsOkDAILY CHART ANALYSIS:
Price is on a strong bullish trend, moving inside an ascending channel. It has been making a corrective movement, but it has recently broken the descendin trendline of the correction, so, we expect a bullish movement from here. Will look for a lower timeframe bullish setup.
WEEKLY ANALYSIS:
USD/PLN Short opportunityUSD pairs are unfolding interesting setting with short bias...
Already in on other pair but want to share this for those to want follow the idea
USD / PLN analysisGood day fellow traders,
Please find analysis for USD / PLN currency pair.
Best Regards,
Trader.
USDPLN Long from lower longterm channelUSDPLN had hit the lower band of long term channel and there is high probability to reach 0.3 Fib level. Buy limit order placed
USDPLNThe sell train has left entry was after London open. Main lows taken target 2nd lows
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