Pattern: 1D Ascending Triangle. Signal: Bearish as the price was rejected inside the 1D Resistance Zone. Target: 3.7700 (expected Higher Low).
NO target If this bar does not work, then the order is desirable to remove #givemeyourmoney
OANDA:USDPLN Resistencia fuerte donde suele rebotar el precio. Agosto 2018: el precio rebotó en la zona de resistencia. Octubre 2018: el precio rebotó en la zona de resistencia. Noviembre 2018: el precio rebotó en la zona de resistencia. Febrero 2019: el precio comienza el rebote en la zona de resistencia, se comienza a confirmar con velas rojas de...
Why I belief like this. Plan A As the EURO is getting ready to go North. The EURO is a leading indicator for the Zlotty. So fundamentally the USD/PLN has to go down. The Trendline which had acted as Support has been broken and is acting as resistance. Remember their are always 3 scenario's how a trendline can play out. The you see some rejection allready, for...
The US Dollar has been depreciating against the Polish Zloty since the currency pair reversed from the upper boundary of a long-term ascending channel at 3.8400. This movement has been bounded in a short-term descending channel. From a theoretical point of view, the general direction is expected to be south—the exchange rate should target the lower boundary of...
The pair is rising after it recently priced a Higher Low within the 1D Channel Up (RSI = 55.425, MACD = 0.012, Highs/Lows = 0.0000). We are now expecting the next Higher High near 3.9000. The trade is long, TP = 3.8900.
Hi there. Wait for the price to form a continuation pattern and watch strong price action for sell.
The US Dollar has been depreciating slightly against the Polish Zloty since the beginning of October. This movement has been bounded in a descending channel. Given that the rate is supported by the 100– and 200-hour SMAs, currently located near 3.740, it is likely that the pair goes upside within following days. If given channel does not hold, a breakout north...
The US Dollar has been depreciating against the Polish Zloty since the middle of August after the currency pair pullback from the upper boundary of a descending channel at 3.8410. The exchange rate was stranded between SMAs during the morning hours of Monday’s session. The 200-hour simple moving average was providing resistance at 3.6996, while the 100-hour...
On the hourly chart of USDPLN, it seems that the price is starting a new Elliott cycle down. Also, a bearish fractal was formed, which could be an optimal level to enter the short position.
USDPLN is on a 1D Channel Up with the currently neutral RSI = 49.701, CCI = 48.079 indicating that a Higher Low is appraoching (3.68 - 3.69). The low gradient allows for a long to be taken on current levels with TP = 3.80148. Projected Higher High = 3.8600.
The US Dollar began accelerating against the Polish Zloty mid-April. Following a test of the 3.35 level, the rate breached the prevailing long-term channel and shot up to the 3.75 area. This movement has been bounded in a new senior channel. Its upper boundary is located at the aforementioned 3.75 mark. By mid-Monday, the pair was testing its other boundary...
Poland Zloty economy huge gains will be back soon.
EURPLN reached strong resistance around 4.25 so that should support long on USDPLN. Key level for next 24-48h is 3.70. If break, next is 3.76 and perfect S H S.
USDPLN Buy Idea @Daily Demand Zone (3.49226 - 3.46523) Buy Limit: 3.49326 Stop Loss: 3.45940 Take Profit: 3.55816