✅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
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I'm bullish on Korean Won for having one of the most advanced semiconductor and tech manufacturing industries in the world. This includes: the highest quality semiconductor production from the likes of Samsung, Oled, and MicroLED panel production from LGD/Samsung, Battery production from LG Chem, EV production Hyundai etc... Exports are going to grow in the coming...
Hi, this is my analysis for USDKRW pair in different timeframes. I see the price is moving up and about to reverse, we have one confirmation from RSI divergence right now, but it's not enough. We should see the price to loose momentum and show some bearish strength once it reaches to our important area covered with ellipse shape in cyan. It's 60-70% setup, if it...
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
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Bitcoin has often been traded at a higher price than overseas in Korea.
Each time, Bitcoin plunged.
This phenomenon was called 'KIMP(Kimchi premium, Korea Premium)' in Korea.
Bitcoin is now traded at 15% higher prices than overseas in Korea.
It is expected that Bitcoin will plunge soon.
📌 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.