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EURPLN gap close
possible weekly gap close although there is not much of a gap. possible 2 tp idea at reduced risk. Daily gap tp and 1 at weekly 8 ema. Daily gap is being closed, retests completed and indicators are onside
A possible SHORT 1D: BCR ON THE 50 EMA. Thhat level has been respected few times in the past from the 11th of june. Waiting for a positive downside and sniper onside 4H: Strong level of resistance on the 200EMA, BC has happened in the past on the 200EMA.Waiting for the sniper onside and a positive downtrend 1H: Good level of resistance on the 1H as well, looking for the sniper onside. All in all, looking for a positive downtrend to take a short as it is just below the 50ema on the daily and the 4H 200ema TP could be at the 4.43 or 4.41 level
SELL STOP - (PENDING ORDER) Entry - 4.533 Stop - 60 pips Target - 180 pips Risk / Reward - 3.0 Trading the wedge pattern that has been in play for the last 4 weeks. EMAs shouldn't come into play much, we are simply waiting on a break and close below the 8EMA on the H1 chart. Then taking the trade back down to the very strong demand zone. If price doesn't trigger our entry, then we can wait for a retest of the top of the wedge (trend line) before a potential long. If a 4H candle closes above the top of the wedge, then cancel the order. We have a squeeze release and a MACD cross on the H1, plus all 3 sniper indicators to the downside on the daily. 4H is losing momentum. Just so happens that the pull back from the demand zone towards the latest lower high is a 61.8% fibonacci level too, so added confluence there. Fantastic risk reward ratio. NOTE: This is an EXOTIC pair, not commonly traded, so check your spreads and make sure you continue to follow your rules on risk %. #Don'tFollowBlindly
Selling for weekly trend continuation after an h8 doji near the h8 anchor. sl price acceptance above the h8 anchor at 4.27697 tp is 4.25 horizontal black line is the h8 anchor to the down trend
Broke and closed above the 200ema & broke and closed above major 4H resistance and became support. Bounced up on 0.5 Fib level 4H. Golden cross on the 1H chart. RR: 1.18 TP1:4.27338 the major resistance level, if broke and closed above it, will move to TP2. TP2:4.29000 SL:4.23677
weekly downtrend, daily pullback confirmed. made higher low. now it is a good time to enter. if you do not enter now wait for 4h higher high and pullback to 4.24 you can also scalp it on 4h timeframe. it bounches back and forth so much good luck
could be a reversal. rejection at weekly support and 1hr bullish candle. TP1 at 4.245 if break and close above 4.26 on the daily or 4h tf we got our self's a reversal. if that happens it could be a good long for the longer term (swing trade) wait for a pullback to enter a reversal trend starting right now, enter now for 1hr timeframe target. good luck
EUR PLN SELL IDEA. NO STOP LOSS BUT YOU CAN MAKE YOUR OWN
EURPLN SELL IDEA . MAKE YOUR OWN SL
Look to short USDPLN as it is trending down and has made a pullback with continuation setup this should go down. Good Luck
Look to buy EURPLN as it is bullish and has hit the Lower bands indicating their should be some more bullish momentum. Good luck and happy trading
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Andrew Lockwood
X30+ years experienceStarted in the trading pits of London with some of the biggest traders in the world. Migrated to screen trading around 2005 now trades full time focusing on FX, Indices, commodities.
Max Norbury
X10+ years experienceMax is a diligent and pro-active individual with a wealth of experience in technical and fundamental analysis, high-probability trading and mentoring within the financial markets. He has also has a variety of non-accredited analytical certifications.
Mark Bennell
X15+ years experienceCertified Financial Technician (CFTe), Diploma of Technical Analysis, Diploma of Share Trading and Investment. 14+ yrs trading experience. Focus on the process and the money will follow.