EURPLN SWING LONGEURPLN Swing long. Price is at weekly support which as held for a long time, this is also first retest of this strong support areaexpecting swing up to weekly resistance . first tp 50% at 200ma
EURPLX trade ideas
Long on EURPLNLong position on EURPLN as we are testing significant long term trend line. We see some reaction on this level last weeks
EURPLN Price channel bottoming- LONGHello fellow traders,
this idea is based on a price channel and RSI low levels indicating there is yes more sales and price might reverse- always protect your trade with a s/l, here is the risk reward 1 to 2.8
this is not a trading advise!
Coiled and ready to rip EURPLN is finally waking up and moving out of the base. Pink lines are potential take profit targest. As you can see all major MAs are coiled as well and ready to flare.
Waiting for the breakout from one of those trend lineEuro/Polski zloty
I'm waiting for the breakout from one of those trend lines before I'll BUY or SELL.
EURPLN - Channel ReversionWait for price to close above the channel low before entering a Long trade with a target below the high of the channel. Stop Loss below the last pivot low.
Soap bubbleOn Sunday, there will be elections, and this artificially maintained financial situation in the country, just like fuel prices, might burst like a soap bubble.
Fuel prices are artificially being kept low, and some gas stations are not operational due to fuel shortages. The government is distributing money left and right, all to win the elections. Winning the elections at the expense of the country's economy is not the best option. Elections are taking place this Sunday, and no matter which party comes to power, the Polish Zloty won't be able to artificially maintain its value. There was a powerful upward movement, and at the moment, we've made a strong collection move. The MA65 on the daily chart acted as resistance, after which buying volumes formed. I'm opening a long position with targets as shown on the chart.
Big moves ahead EURPLN has finally bottomed out, created a nice round bottom and is starting to crawl upwards. Price is trading above both major moving averages (100 and 200) on H4. As you can our first target should be the 38% Fib retracement and our second longer term target is around the 61.8% Fib, just near the volatility gap.
EURPLN Bullish set upEURPLN after long bearish run finally showing us some resistance also regular divergences working towards reversal movement, the most important question is. Is it right now or after a bit?
Waiting for trendline break on EURPLNI'm waiting for trendline break with momentum candles and enough volume. We have overall dowtrend. Triple top pattern formed, 4h resistance si strong.
EURPLN Rocket Moon StrategyOur rocket prediction shows that there should be a nice pop in EURPLN in the upcoming weeks. Sponsored by MetaFreedom Investment Group.
EURPLN 1H - Support and ResistanceAnalysis:
EURPLN price is currently in range. We can take following trades on the bases of Support and Resistance levels.
------ Trade ------
Chart: EURPLN
Type: Long
Entry: 4.71925
Stop Loss: 4.71286
TP1: 4.72564
TP2: 4.73203
------ Trade ------
Chart: EURPLN
Type: Short
Entry: 4.67775
Stop Loss: 4.68600
TP1: 4.66950
TP2: 4.66125
EURPLN sideways graph Taking entry on a sideways graph with a potential profit. Long from support 1. EUR vs PLN
EURPLN - Non Trending market - breakoutObserved Non-Trending Market on EURPLN (Euro / Polish Zloty)
Applied Strategy
1) If the market performs an up-trend, the "Buy Stop" order shall trigger at 4.7300 and make a profit of a 1:1 ratio.
2) If the market performs a down-trend, the "Sell Stop " order shall trigger at 4.652 and make a profit of 1:1 ratio.
EURPLNEURPLN 1H TF Long & short entries are mentioned on the chart but we will play only one side whichever entry hits first.
EURPLNBullish Flag Pattern Formation, 4hr Candle Should close Above 4.71 price back Retest old Resistance levels,
1hr Ascending Pattern Formation Price need to breakout for further move.
EURPLNBullish Flag Pattern Formation, 4hr Candle Should Close Above the price and will Retest old price, after breakout it will Rise
EURPLN Entry 4.68762 Target Price 4.73250Two Higher Lows; Swing High; Engulfing Candlestick; Parallel Channel;
Entry Price = 4.68762
Take Profit Price = 4.73250
EURPLN BUYI went short the Polish Zloty (PLN) via a long EURPLN position.
My models point to a overvalued Polish Zolty, that in combination with an underlying bullish structure gives us a nice setup.
Risk/Reward ratio = 6
This is a longer term position, if you take the trade, make sure your Broker charges you competitive swap rates.
Manage you risk properly.
EURPLN Entry Price 4.70089Pin Bar formed at Resistance Level. Pin Bar formed at pull back to the resistance level.
