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Jun 11, 2021 6:28 AM

EURPLN Long Long

EUR/PLNOANDA

Description

This analysis is based on the channel created by the price in a long term. We also had a lot of resistance at the shaded level hence expected price rise and my long position was opened. We have reached the peak of the fib level in March this year but I wouldn't be surprised if the price goes back to this level and creates double top or goes even further (economical situation, inflation of PLN etc)

This is not an investment advise, when trading always protect your capital with measured s/l
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