RETEST THEN BEARDOWN Waiting on close of 4hour candle. If above trend line buying to 50% Mark of resistance then Sell at retest to next level of support. Just My Idea.....Shortby Fletchpage1
Update to previous trade USD/PLNI got stopped out. Didn't consider spread in my stop loss and didn't realize that you see the bidding price in TV not the asking price. Next time wait for entry until correction is further along then set limit order!Longby Ffarquhar1
USD/PLN price actionDisclaimer: I am new to forex, but I am trying out an idea here thinking that since the pair is bullish on HTF and we just had a reversal outside of the trendline. If this takes off I will consider moving my stop loss Please comment, Thank you for readingLongby Ffarquhar0
USDPLN - Sell Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow. USDPLN is approaching strong daily resistance in green and round number 4.00 so we will be looking for sell setups on lower timeframes. on H4: USDPLN is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing low to form around it to consider it our trigger swing. (projection in purple). Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone) Until the sell is activated, USDPLN would be overall bullish and can still test the 4.00 level or even break it upward. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst181823
USDPLN!Price is indicating more sells to come. We could attempt this but understand the risk. Trade with care use a stop loss. Shortby miche254331
already break upper channel and done retest entry point should 3.69790 target point is there may be market execution will be betterShortby MegaMentor0
USDPLN, Sell on H4.USDPLN, Sell on H4. H4: - Structure: Downtrend forming - Below resistance - waiting re-testing resistance => SellShortby DatTongUpdated 8
USDPLN, Sell on H4.USDPLN, Sell on H4. H4: - Structure: Downtrend forming - Below resistance - waiting re-testing resistance => SellShortby DatTongUpdated 115
USDPLNWe already entered the trade and anticipate Hit our TP, don't forget ride and manage our trade. Shortby mehrdad_isla0
USDPLN SHORTOn the daily timeframe market has broke below support and the the trendline with a strong bearish impulse, followed by a nice slow correction to test previous support as new resistance, now we are expecting the continuation to the downside and market to form a new lower low on the daily timeframe, we will be waiting on 4hr TF for market structure during the correction to switch bearish again then we can look to take the short.Shortby BullmarketFX0
USDPLN Short opportunityAll relevant info on the chart. Parcial profit targets also marked.Shortby Stoic-TraderUpdated 110
USDPLN POTENTIAL BUYUP TREND LINE AND STRONG SUPP RESS. BTW I AM NEW TO TRADING AND WILLING TOCOLLABERATE.by Ishyfishy940
USDPLN break then shortUSDPLN Market has formed a double top at daily resistance and has formed a new lower high, we are now waiting for a break below the uptrend on the 4hr and on the retest we can look to short.Shortby BullmarketFX0
Future of Safe Haven currencies --> Flashback to 2008 analysis Hi all! This is my idea on the future of the so-called Safe Haven currencies. Remember, people in the need of defense against coming inflation turn into currencies or gold as they do not have much knowledge or energy for other assets. This is why good analysis is needed to see in what currency to invest. In the post-crisis period (4 years), both sides, the euro, and dollar initially behaved the same, reducing from their "crisis" peaks. In the longer term, the euro was most stable, consolidating in the upper/middle limits of the crisis. In turn, the dollar was marked by a stronger initial correction (it lasted about 260 days after the economy calmed down), then the rate accounted for fluctuations due to uncertainty. Frank had the best percentage return, moreover, it did not experience such corrections as the dollar in the same period. Look at the graph and compare the marked period, you will see that all three currencies behave more the same as in 2008. Key Facts: - the franc earned the most but the value of covid financial aid is unprecedented, - the dollar did not repeat the history in 100% and fell below the pre-covid rate (a chance for an increase), - printing the dollar does not help its rate, rather flooding the capital market with cash (blowing a bubble). I encourage you to do your own analysis based on your home currency, I used zloty as the second currency in the pair. Feel free to comment, give your thoughts. Would appreciate it if you like it! Disclaimer! This post does not provide financial advice. Always do your own analysis. Be aware that only you are responsible for your trades. Trade safe and keep in mind the risk!by AGAdam112