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ThinkingAntsOk

"Top and Bottom Analysis" USD/PLN by ThinkingAntsOk

Short
U.S. Dollar / Polish Zloty (OANDA:USDPLN)  
ThinkingAntsOk  
OANDA:USDPLN   U.S. Dollar / Polish Zloty
Trend Analysis Support and Resistance Multiple Time Frame Analysis USD pln USDPLN short Forex setup
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trendanalysis supportandresistance mtfa usd pln usdpln short forex setup
4H CHART EXPLANATION:

We observe that price broke down the Ascending Wedge Pattern, so, we expect a corrective movement since it did not correct after the breakout. It would be an optimal point to place an entry, looking for a downside move towards the support zone.


MULTI TIMEFRAME ANALYSIS:

- Daily:

snapshot

- Weekly:

snapshot


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