USDKRW Simple analysis in case Korea faces harsh "bank run" or "debt(mortgage) collapse" crisis.
If someone wants to draw cup and handle pattern, it should need to break out 1289. let's see what someone want. ;)
Accuracy and consistency matter to develop trust that I will always try my absolute best to give the best analysis and simplest trade setups that I can. :)
USD/ KRW ( DXY ) for March 2023 In a bing cycle of years, USD/ KRW is open to 1650-1750. If the corresponding line comes, the stock market and cryptocurrency will be a good buy point.
We found a pattern called Inside Bar (Bullish) on 2022 Dec 30 at 17:00 GMT on a the four hour chart suggesting the forecast will be bullish for up to nearly 48 hours. that meets when the price faced the support drawn in the graph above . we must take care of the stop loss and the account strength . taking stop loss is very important . if you like it boost our channel .
I think we have a downward correction from the red area to the green area.
As rates rise in the US and S.K. turns importer with high debt the Won will suffer As a result
Are you short Terra land? Well Im short the whole Korea.
✅USD_KRW was trading in an uptrend But after the retest of the horizontal resistance On the daily time-frame The pair broke the rising support And after the pullback bearish continuation is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
SNIPER STRATEGY USDKRW Daily Timeframe USDKRW is falling and it might be big one WARNING there might be pullbacks on the way down and this strategy cannot predict them but do not worry it will give you profit at the end Start Believing something magical is happening with SNAIPER STRATEGY It will pay believers very soon
Five world-class investors that are bearish on USD... 1) Ray Dalio “You can’t continue to run deficits, sell debt or print money rather than be productive and sustain that over a period of time. If we don’t work together to do the sound things, to be productive, to earn more than we spend, to build the stability of our currency and build a good balance...
📌 The beauty of Korea is revealing itself right on time... the breakout is difficult to maintain as can be seen on the yearly close, the slingshot which turned out to a correct play for buyers has unlocked the potential for a major rally in 2021. Capital has its eyes on Korea (and a few others) for the advantage in its currency (KRW) and economic mobility across...
📌 KRW for the Yearly Close This brings into an important consideration for review the long-term KRW chart, the plan chosen by sellers has been able to lure in late unaware buyers at the highs because of the simple nature of the impulse employed. By trapping the highs and aiming for the negative break in the yearly close, it is a very bearish sign. Moves...
USD_KRW RECOVERING FROM FALLOUT (1) The pair will face resistance confluence (2) A good pullback trade is expected (3) Don't miss the moment _______________________________________ LIKE and SUBSCRIBE for VIBEZ
📌 A short update here for those tracking USDKRW ... It has been a very slippery pig since the last update: Here buyers stormed into control and chose to occupy the bid protecting 1140 via Covid flows. The relieving of this profit taking has become a bit more enterprising possibly via the idiosyncratic spike in cases for the U.S. The next moves are cooked...
Pattern: Multi-year Channel Up on 1W since mid 2014. Signal: If the green trend-lines break, it is a sell signal but suitable to long-term traders only. Target: First to the 1W MA200 and then the Higher Lows trend-line of the long-term Channel Up as illustrated by the green arrows. ** Please support this idea with your likes and comments, it is the best way...
As the increase of Covid-19 cases in South Korea keeps increasing (Currently 433 cases), I expect the Korean Won to drop heavily during the following days and weeks. The new cases have increased the fears about greater transmission outside China. I expect the USDKRW to go higher, especially since the possibility of closing businesses due to the virus. I am...