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Fx-Nature
Jun 20, 2017 5:27 PM

USDPLN - Decision point.... Short

U.S. DOLLAR / POLISH ZLOTYICE

Description

USDPLN @ the critical area on daily chart around 3,82-3,83 (0,618retr+ Overbalance correction).

We have nice confirmation of Fibo timing:
- 1st correction(time)/2nd correction(time) = 1,272
- 2nd correction(time)/3rd correction(tie) = 0,786

Next resistance area around 3,85.

Midterm target profit 3,62-3,67.

Trade responsibly.


Comment

70 pips profit so far...

Comment

Keeps fallin! I will hold my position toward last low at least.
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