Dollar once again hit 4.25$ level which was resistance from 2016 to february 2022 when price went above and this way created support which was tested in may/june 2022, january/february 2023 and right now. It seems solid so I would expect 5$ level retest in the near future and that way creating double bottom on current support. But if price will go below 4.25 and...
I think PLN is might have change to get stronger soon. However im not loving FTX i want to see this one. Wyckoff
The idea is very simple... Despite it having a significantly higher interest rate than the US, capital isn't flowing in the country. Poland is in a very tough place right now, as it has a relatively small economy and doesn't have a currency that is widely used. Europe overall is a big mess, and the PLN is affected by the EUR too. The ECB still has rates at -0.5%...
Closing price (black) is near horizontal level price, EMA 10 Close Price, EMA 20 Close Price, and a Previous Pivot Point Price; Enter a long position. The rejection candlestick open and close price has a short distance.
According to geometric shapes and fibonacci I see a bullish trend in usd/pln 1h time frame But don't trade via my idea Never do it
According to geometric shapes and fibonaci, I see a bullish trend
The reading, preliminary, of CPI inflation for July did not bring much surprise. The dynamics amounted to 15.5% y/y equaling the June reading. A large part of the market assumed that a month ago we observed a peak in dynamics, meanwhile we received a flattening. From the MPC's perspective, this doesn't change much (sub-1x25b expected). Interestingly, we received a...
Dollar will continue to gain over the Polish Zloty in the coming months.
Long term chart of USDPLN Charts like to tell the future. That is why i treat them like a magic device. Despite huge PLN inflation at more than 4% it looks like it will grow stonger against two giants like USD and EUR. Both charts look very similar. Saving this chart for future reference. Good luck.
Patience... allow for the 4H candle to close ABOVE the red resistance, than purchase confirmation which closes also above. Things to be aware off - failed confirmation might possibly lead to Wyckoff Accumulation Schematics. Further idea development will be described as scenario unfolds...
It looks like PLN will get stronger despite the inflation. Isn't it perfect to get everyones attention to growing money supply (inflation) and at the same time make the currency stronger? How is that possible? I am not a fundamental analyst so i can't tell you how the mafia operates but one thing for sure is the less people know, the more money for those that call...
EURPLN is moving inside an ascending channel and the price is now near to monthly structure . Currently the market is consolidating below a minor resistance. According to Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
sl: none tp: none strategy buy and hold
+ Big polish players enlarge their positions of cdr + Major key level +open now or wait for financial raport 30.03.2021 It might not be a trend changer but we will see a bounce with a huge possibility
GTN pod kluczowym poziomem , możliwe duże wzrosty krótkoterminowe po wejściu powyżej poziomu
In our previous analysis of the EUR/PLN exchange rate, we’ve been talking about a potential XABCD harmonic pattern which could also be labeled as simple correction ABC. The market has moved above potential resistance at 4,50 PLN which opened the way to another potential resistance at 4,55 PLN. However, if this level is broken the market may move even to the...
Not only crypto, wolves🔥 Now we have such a clear symmetrical triangle on NZDPLN currency pair. There was a strong bullish sentiment before. According to the Elliott Waves theory all the waves are done and the price broke resistance zone . So now the price may increase rapidly or enter into the correction to the retest new support zone . Follow the chart and look...