The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The pair is trending in a bullish channel. It has printed a bearish divergence and failed too move above last HH. Breaking down below HL may start a bearish trend.
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
USDCZK was printing HHs and HLs. It made a Double Top formation with RSI divergence and broke down its HL/ Support line, indicating trend reversal.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
📈🚀 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....
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
USDCZK - trading sideways showing no clear direction at 1 hour time frame.
Hello USDCZK (Us Dollar Vs Czech Koruna) Touching Supply Zone and There is Specifications Entry:21.38 Sl:21.59 TP:2.56 RR:1:4
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
This one might take 1 to 2 years to play out, but it looks like the Czechs better put their savings in USD if this works out. Setup: Long USD/CZK on the weekly chart.
Weekly: Bearish candle close Daily: Double top 4H: h&s
The 13 EMA has Broken above the 5 EMA on the 15 Munute Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots