Kumowizard
Long

EURPLN - IS IT A BOTTOM BUILDING?

FX:EURPLN   None
86 0 0
It looks like EURPLN             slowly building a bottom. 4 Hrs             chart has established a small rising trend channel. Px             action suggests, that from time to time some strategic buyers step into the mkt. Chart look supportive for long position, so it might be a buy on any dips, to accumulate longs. Size up with a break above 4,1700. Stops to/below 4,1400 - 4,1450 area. I have a feeling it is trading this low only because of some end of month "massage", and might break out on top side next week. Anyway, if other CEE countries (Czech, Hungary) are fighting for constant ccy devaluation, why would Poland like to see a relatively strong Zloty? Anyway, as usual, just try to trade the highest probability that the chart suggests, with the best possible risk-reward entry.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out