The EUR/PLN exchange rate has been forming a potential bullish harmonic pattern labeled as XABCD. What is more, it could also be labeled as ABC simple corrective pattern so the market may be prepared for a potential new impulse wave. The euro could strengthen to Polish zloty after a 4,50 level breakout and then the way to the next 4,55 resistance level. It seems...
No change in the bearish FX_IDC:EURPLN tone, as falling intraday studies keep near-term sentiment negative and extend pressure on support at the 4.4950 Fibonacci retracement and congestion around 4.5000. Daily stochastics and the Tension Indicator continue to fall, and broader weekly charts are also deteriorating, pointing to potential for still further slippage...
Long PLNCZK @ 5.7714; Tp @ 5.8869, SL your choice
RUSSIAN RUBLE / POLISH ZLOTY Buy in the area of 0.0498 - 0.0486 Goal 1 - 0.0508 Goal 2 - 0.0520 Goal 3 - 0.0538 Stop, fixing below 0.0484 ✅ f you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
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USDPLN broke down and will fall to around 3.6. Share thoughts in the comments below Like and follow for more content. Good Luck
- Poland in deep trouble economicaly - new lockdowns in Poland -nearly 20 000 new cases of covid every day!! huge numbers - milions of people striking on the streets in every big city - good for long term buy , we nee the price still follows the up trend with recent corrections
-daily close above key level => buy signal -possible profit 5 times bigger than the risk -nice place for a trend change news:(polish) www.forbes.pl
we can see the price bounced again from the key resistance , fast drop down indicates the strenght of sellers
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
Hi there. Price is forming a possible continuation pattern to the downside. Watch strong price action at the current levels for sell.
🔸 4H CHART EXPLANATION: . . 🔸Price is on a strong downtrend. . 🔸It has broken the Weekly Ascending Trendline. . 🔸Now, it has broken the counter-trend corrective move. We consider that this pair has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup.