Join The Community

Search

Thursday, 30 April 2015

USD/PLN Daily & Weekly









General overview for 30/04/2015 

The breakout from the weekly Expanding Triangle pattern might be completed, but the traders need to wait for a long-term top confirmation  as the big wave B purple hasn't really met any target projections. Break out below the key support zone between the levels of 3.5423 - 3.600 is needed as a first clue the top is in the place. Otherwise the move upward might continue soon, because the price just retraced 38% of the latest move upward.

Support/Resistance:
3.9671 - Swing High
3.5923 - 38%Fibo
3.5423 - 3.6000 - Weekly Demand Zone |Key Level|
3.4767 - 50%Fibo

Trading recommendations:
Swingtraders should consider to open buy orders from the current price level, with SL below the level of 3.5400 and TP open for now (might be even a new high in longer term perspective).

★★★★★★★★★★★★★★★★★★★★
IF YOU WANT TO DOWNLOAD THE FREE MT4 INDICATOR THAT SHOWS THE POSITIONS OF THE OTHER TRADERS FROM AROUND THE WORLD (AS USED IN MY CHART) PLEASE CLICK HERE:
★★★★★★★★★★★★★★★★★★★★
IF YOU NEED MORE DETAILED ELLIOTT WAVE COUNTS, 
SIGNALS 
AND
EDUCATIONAL MATERIALS, 
THEN JOIN MY VIP SERVICE!
★★★★★★★★★★★★★★★★★★★★

0 comments:

Post a Comment

Note: only a member of this blog may post a comment.

 
Don't Forget To Join US Our Community
×
Widget