USDPLN - SELL strategyThe USDPLN (Polish Zloty) is overbought, and also in top range BB and also regression channel top. The candle stick also starts showing good top patterns.
Sell 4.1700 current for a move to 3.9800.
USDPLN trade ideas
USD/PLN Here we have two big saints on the H4 chart signaling a big sale. I believe that this couple will start in a declining trend.
Entry: 4.1721
TP1 4.10
TP2 4.00
If the ratio returns as 4.21 we need to get out of the trade.
I risk only 3% of my capital.
USDPLN variant.
start of implementation to the bottom.
the fibo level coincides with the upper border of the ascending channel, so this is the most likely target if, of course, it passes through 61% (there will be a slight upward movement) perhaps a little to the border of the H1 channel.
but I consider it risky to try go down.
USDPLN long position.possible long position to the borders of H1 and then H4 frame channel:
sl = 4,15679
tp = 4,21698
USDPLN Exponential Moving Average and Trend Line Foreign Currency
Trend: Up
Level: Diagonal Level, EMA 10 Level, EMA 20 Level
USDPLN Triangle Chart Pattern (Target Price 4.24825)USDPLN Foreign Currency Pair
Trend: Up
Level: EMA 10, EMA 20, Diagonal, Horizontal
Signal: Break Out Candle
USD-PLN breaks the .702 fib extensionBreaking above the .702 fib extension is a bullish indicator for the currency pair.
My immediate target is up at around 4.30 in the midterm (next few weeks to months).
From there we will have to see if the pair will respect the previous ATH on the pair or if it will execute the massive multi-year cup and handle and break out to ~5.50.
I plan to enter a small position at 4.30 with a target of 3.80 and a SL at 4.40
If the SL triggers my next attempt at entry will be 5.50 targeting 4 flat with a SL at 5.65
yano14 | USDPLN long after pullback. Target 4.30 Why long?
-Poland has the biggest inflation in EU
-Poland has conflict at the boarder with Belarus
-Polish government hands out money a lot
-USDPLN crossed psychologic 4.00 area
Wait for pullback to 4.00
Remember about risk and do not overleverage your positions.
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USDPLN ShortHesitation by the Fed and 50 basis point interest rate raise for Poland. Should be an easy move down until Powell decides to be tougher on inflation. Strong Reward to risk although this trade will take about a week to play out. Keep an eye on any FED move for an earlier exit
USDPLN Target Price 4.01654USDPLN. Price closed above EMA 10, EMA 20, Fibonacci Retracement Level. 38.2% Fibonacci Level is in line with previous highs and lows on the Daily Time Frame.
Few Years USDPLN Market phases - Price Action Market phases - Price Action
The market can only go in three directions:
1. up,
2.down,
3. sideways.
With high / low defined, we can use several charts to identify these market phases and start a simple search for our Swing Highs and Swing
Lows.
In short:
• the market rises when price makes higher highs and higher lows.
• the market goes down when the price makes lower highs and lower lows,
• The market goes sideways when price does not make higher highs and higher lows or lower highs and lower lows.
It may sound childishly simple, almost like stating something obvious, but
you will be amazed how often people forget these simple facts. One
the most important question is: "Where is the market going?"
A trend shift to a downtrend occurs when we see the following
sequence:
The change of direction is confirmed when price drops below the last lows
(as seen in the chart above). Otherwise
speaking, this is a 1-2-3 reversal - you go short (sell) after
correction at the level of the blue line. or sell to the level of the blue line (then repeat after correction, and re-sell )
USDPLN - Dollar will gain in coming monthsDollar will continue to gain over the Polish Zloty in the coming months.
Price actionPrice is at accumulation which is about to end at the neck line of the previous structure the was broken some time ago.then we sell .
USD/PLN Long term buy tradeUSD/PLN long targets - 4.22, 4.437, 4.715, 5.22, 5.96
Not financial advice.
USDPLN!We anticipate a drop based on a specific corrective pattern at the lows.
A sell structure could be forming despite the signs of a buy pattern forming.
Trade with care use a stop loss.
possible shortprice failed to break previous HH . our support is turned resistance AFTER the collection i expect price to contiue falling
USDPLN looks like PLN will get stronger despite inflation scareLong term chart of USDPLN
Charts like to tell the future. That is why i treat them like a magic device.
Despite huge PLN inflation at more than 4% it looks like it will grow stonger against two giants like USD and EUR. Both charts look very similar.
Saving this chart for future reference.
Good luck.
USDPLAN top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also, let me know your thought in the comment section about what you think about this pair.
Long USDPLN off weekly supportWeekly have strong bullishing engulfing
daily also have 1
wait for a retest to the intraday support at 3.695
USDPLN!Despite what the dollar is doing, we see that this corrective pattern has ended.
We will be anticipating sell entries only.
Trade with care use a stop loss.
