USD/PLN long Buying dips on USD exotics across the board until weekly low is cancelled. Longby Slowboy-RUpdated 117
USD/PLN 4H Chart: Occurring reboundThe US Dollar recently reached the lower trend line of a long term descending channel against the Polish currency. As a result the pair has already formed a short term ascending channel pattern. However, the channel has met with fierce resistance in the form of the monthly S1 at the 3.3760 mark and the 38.20% Fibonacci retracement level, which is located just below it at the 3.3750 mark. Due to that reason this isn’t a set up where one can simply enter. Instead a retail trader should look for the moment, when the mentioned resistance is finally passed. When that occurs, most likely a break out to the upside will occur. Longby UnknownUnicorn890690Updated 3
USDPLN, yearly resistance broken, new uptrend channel formationEverything on the chart. Longby enilarpUpdated 2
USDPLN on the junction. We are heading to the bottom of the uptrend channel (red), can see possible bounce from there, but only to the top of downtrend channel resistance (blue). Later this trade will be updated with other trades based on which channel descending or ascending this pair will choose. The entry will be near the bottom of the uptrend channel with 15 minutes MACD cross. Longby enilarpUpdated 1
Selling USDPLNOn the daily chart of USDPLN, the price has started a new downtrend. We expect the price to go lower within the fifth Elliott wave of down period.Shortby TSI_Analytics1
USD/PLNOn the weekly outlook USD/PLN downtred met a strong support around the 3.4900 area. The bears are showing weakness as we can see from a 7 week's higher lows. Perhaps the time of bulls has come. If the price continues starts a bullish trend the first resistance will be at 3.5000, then if it breaks at 3.7000.Longby Lorenzo_Esco_Al_Bar2
BUY opportunity on USDPLNWe just forced down trend line on D1 chart. Next strong resistant on 3.50900Longby derdi911
USDPLN, just touched the top of downtrend channel. SHORTBuy in 3.445, target 3.3880 , stop loss 10%. Moreover I think the new uptrend channel is forming so there will be long opportunity , the formation will depend on tomorrow news at 10 o clock (I will update the information) Thank you and good luck Learning don't invest. Shortby enilarpUpdated 1
USD/PLN 1H Chart: Trades in triangleThe US Dollar has diminished its trading range against the Polish Zloty within the last few months, thus forming a medium-term triangle. After bouncing off the lower boundary of this pattern last week, the pair has entered a minor period of consolidation towards the senior channel located near the 3.42 mark. It is apparent that the pair has been reluctant to edge higher during the last three trading sessions. This might suggest that a test of the senior channel could be followed by a decline, as supported by technical indicators on the weekly time-frame. In case the channel line is breached to the upside, the pair is likely to find resistance near 3.44 prior to approaching the bottom triangle line. A possible downside target for the following two weeks could be the monthly S1 at 3.3450. Shortby UnknownUnicorn8906901
USD/PLN 4H Chart: After breaking long term trendsThe large fundamental changes in the strength of the US Dollar have caused a massive change of direction on the USD/PLN currency pair’s charts. Namely the decline in the US equity markets and the shift in the US monetary policy combined broke the resistance lines of all of the dominant patterns of the USD/PLN. Due to that reason Dukascopy analysts set Fibonacci retracement levels and trend lines to the recent surge. It was discovered that the pair is trading in two ascending channels. Meanwhile, the pair has made a retracement near the 23.60% Fibo. Due to that reason beware near the next retracement level. by UnknownUnicorn8906901
USDPLN Bullish For more setups Please follow my page on facebook (FX Exclusives PIPS Generator) or join the free channel on telegram t.meLongby Free900210
USD/PLN 1H Chart: Pair stopped by senior channelUSD/PLN is trading in two channels which are guiding its movement. During the past six weeks, the Greenback has been trading sideways in the 3.3085/3.4330 area. Its latest movement upwards, however, was disrupted by the senior channel near the 3.40 mark, thus sending the US Dollar for a minor period of decline. It is likely that this dominant pattern, reinforced by the 55– and 100-hour SMAs, the 23.60% Fibo retracement and the monthly PP, pressures the rate even lower during the following sessions. A possible downside target is the 3.36 level where the 200-hour SMA is located. However, the pair should eventually gather enough bullish momentum to approach the upper boundary of the junior channel near 3.4340. by UnknownUnicorn8906900
USD/PLN 1H Chart: Gradual recovery from many-year lowThe US Dollar has been trading against the Polish Zloty in a descending channel since November, 2016. The bottom boundary of this long-term pattern was tested on January 25 near 3.31—level which also marks the lowest point since mid-2014. The pair has since edged higher; however, it has failed to move away from the senior channel. Meanwhile, the pair’s latest wave down has been bounded by two medium-term channels, the most junior of which was being tested today. The pair is expected to make another decline in this session, as a breakout north is likely to be hindered by the combined resistance of the 100– and 200-hour SMAs and the weekly PP circa 1.3430. However, the bullish sentiment should eventually take over the market, thus allowing for the US Dollar to test a channel line in the 3.38/40 area and subsequently move towards the upper boundary of the most senior pattern. Longby UnknownUnicorn8906904
Long from very strong support zoneI will look for price action signal to buy for longer time USDPLN at least to 3.52 or maybe longer. It is now going to very, very strong support. Longby krzemek.plUpdated 0
bearish gantlet usdpln d leg still not complete I think this is forming a bearish gartley on the h1 I plan on riding out D leg and then fib from AD to for my short position I will be updating and possibly posting the short upon completion.. thanks comment, critique still perfecting my craft so anything is helpful thanks.by PippyLongStackings1