USD/CZK on sell. At first, price moved on desired direction. MACD on D signaled a crossover, however let the trend continue and sudennly -on a sudden spike- trend reversed and price hit SLP.
Alltough a win, should have listen to reversal signs on 4h and D that actually appeared.
📈🚀 USDCZK: Bullish Momentum Alert! 🚀📈
💡 Technical Analysis: The USDCZK forex currency pair is trading perfectly bullish on the 1-hour chart! 📈 The price action is forming higher highs and higher lows, supported by a strong bullish trend line. 📈📈 Additionally, the Momentum Indicator RSI exhibits no signs of divergence, confirming the robust bullish sentiment....
Hello traders,
USDCZK is currently presenting a type 2 bullish reciprocal ABCD pattern with divergence forming on the RSI in the oversold area. First target is the previous high formed by price and if price continues then second target for profits is the completion of the move at the 1.27 Fibonacci extension. 1:3 risk to reward trade for swing traders although...
Looking for a beautiful bullish bounce off the 38.2 towards the upside. Risk to reward is beautiful...originally thought this was going to sell more but after doing a top down analysis from the monthly to the 1HR TF i've confirmed for myself a great buying opportunity!
Give me your opinion!!! We all trying to get paid right???
DISCLAIMER
Trading or investing carries a high level of risk, and is not suitable for all persons. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk.
This content is subject to change at any time without notice, and is provided for the sole purpose of education and...
