Looking for the 61.8 retracement for a potential trend continuation. Previous analysis: Happy trading!
Supports & Resistance on chart. Polan STRONK! Happy trading! ______________________ START MAKING MONEY with INSIDEMARKET TRADE SIGNALS . Mail me to InsideMarketFX@gmail.com or at Skype @insidemarket168 Trade record & statistics: miud.in
Range tightening, clumping moving averages, and extremely choppy. It looks like this pair is like USDSEK; low liquidity and plenty of chop which means fake outs will probably stop us out before it actually moves. This means that we will probably break even on the downside breakout but if it goes to the upside we have potential for proper gains.
fundamentals and tech show more long move in future
S&P Polish Rating Cut for First Timei USDPLN
Hi, this is my first post here, so it might happen that you will find it bs... I was just takin' a quick look at all the possible pairs I am allowed to trade and I came across this one. Found it interesting. Tell me what you think... On the daily chart it looks like it could go up but I don't know what to make of that huge shadow.
Good chance that USDPLN will bounce back up to 200 MA before Fed decision.
Another successful and guaranteed trade would be the following : SELL USDPLN until arrives to 3.9530. The picture says all. Comment on my trades and follow me to make profit. Forex is not a waste of time if your brains works !!
Like we see moment is not so strong.. so we can think that we are at the top.. In my opinion it's nice opportunity to go short. Risk to reward is 2.53.