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MoolahMaker
Aug 30, 2018 12:28 PM

EUR/PLN - 200 Pips Opportunity Long

EUR/PLNOANDA

Description

EUR/PLN has broken over the 200 ema on the 1 hour chart. If it finds supoprt on top of it and it doesn't break it back down, we can expect it to push higher up.

The spread is about 15 pips for this pair, so make sure you calculate your lot size with your spread put into consideration.

Comment

It has broken over the 50 ema as well on the 4 hour chart.

The last time it broke over it, it did a big jump up higher.

Comment



If the 50 ema on the 4 hour chart or the 200 ema on the 1 hour chart hold as support, then we can expect it to go higher.

Comment

Here we go! The breakout has begun.

Comment

If you have missed this position, do not get in right now. Wait for a good pullback to long it again.

Nonetheless, It is going to be volatile, making higher ups and downs at random. So it is better to sit back on this one.

Trade closed: target reached

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