piphunters
Short

Beautiful chart: text book sell

FX_IDC:USDPLN   US DOLLAR / ZLOTY
205 9 15
Came across this very beautiful looking chart with a triangle correction that is broken to the downside, another smaller degree correction again broken to the downside and now a correction upwards looks a good text book sell opportunity.

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ja.piotr.bor
6 months ago
What do you think - long term up trend is broken, or is it only short term decline?
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piphunters ja.piotr.bor
6 months ago
will have to study it again, haven't looked into it after the post.
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ja.piotr.bor piphunters
6 months ago
Ok. I have also this chart - measures strengh of PLN against 6 major currencies.
http://stooq.pl/q/?s=pln_i&c=1y&t=c&a=lg&b=1
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piphunters ja.piotr.bor
6 months ago
looks it's topping in your chart isn't it
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ja.piotr.bor piphunters
6 months ago
Yeah. I think it's going a few days of sidelines or going extreme to the max resistance at 71.91 and fall down...
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piphunters ja.piotr.bor
6 months ago
fall looks more likely than sideways
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ja.piotr.bor piphunters
6 months ago
Maybe. Tommorow will see if it's correct. One day was also at minus, but next day it accelerated again and gone higher
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piphunters ja.piotr.bor
6 months ago
good
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ja.piotr.bor piphunters
5 months ago
It topped at 71.90, my prediciton was pretty much accurate.
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