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TheSignalyst

USDPLN waiting for the double bottom pattern to form

Long
U.S. Dollar / Polish Zloty (FX_IDC:USDPLN)  
TheSignalyst  
FX_IDC:USDPLN   U.S. Dollar / Polish Zloty
Chart Patterns Trend Analysis Technical Indicators USDPLN Forex Support and Resistance rejection Double Bottom Divergence Technical Analysis
9
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chartpattern trendanalysis indicator usdpln forex supportandresistance rejection doublebottom divergence technicalanalysis
on DAILY: USDPLN is sitting around a support zone in green so we will be looking for objective buy setups on its retest.

on H4: USDPLN is forming a double bottom pattern (still an idea) so we are waiting for a momentum candle close above its neckline to buy it long-term.

and if price retests our support zone again, then we will be looking for new objective buy setups on lower timeframes.
This analysis is done using RichTL
www.RichTL.com

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