ivanbgd's Blog
EUR/PLN The long-term perspective
Monthly time frame price is just above the moving average EMA21 and EMA55. Interestingly, the price almost has no trend, but if you pay attention EMA moving averages have both mild rise up. I expect that trend to continue up the next month or two months. Indicator RSI = 57 level and directly below the current price of formed blue support zone of the sup / dem indicator. On the weekly chart the price has been able to three weeks to be below the moving average, however, the last three candles have…
EUR/PLN Analysis
The price declined from the red resistance zone of snup / dem indicator, however, shortly after the hit the blue zone support. I ocekuejem in the next period to price gravitates between the support and resistance zones. I spoke of the weekly time frame. Moving Average indicator sma100 is still far below the price down. RSI is above 50, but a decreasing for the time being. My target level is envisaged on the current price level.Daily chart:This at first glance seems to be a trend finally decreasi…
EUR / PLN analysis
Weekly time-frame, formed a triangle figure .The cost is above the SMA 100 and the indicator RSI is above 50, so everything points to a continuation of the trend up. On figure triangle picture bass is not clear because the price broke above resistance trend lines worse, and then again back to back. I'll be sure I will continue to trend up when the weekly candle closes above the triangle.At monthly time-frame similar situation. Price is above the SMA100 and indicator RSI above 50 shows.
Triangle figures on weekly time frame
Triangle figures on weekly time frame, and also on a monthly time frame. But I would say a little more per month to figure triangle and candles that are several months at the support level of the figures. It's not long candles, but may indicate commenced punching support level. And it confirms the strength of a trend that has increased slightly ADX = 20 and 12 = ADX on weekly chart. SMA34 on the weekly chart is in decline, and prices several times not to have touched the figure of resistance. I …
Trend up
Here we primentiti on a monthly time frame that the price is in the figure of a triangle that is formed. I think that in the future there must be a significant breakthrough for the worse and continued movement in long rates. RSI = 51, ADX = 21, on a monthly time frame. Another strong confirmation of the long trend is divergence on the RSI, the weekly time frame. RSI = 54 which also indicates the trend of the above. Thus showing other indicators: RSI (14) 52 884 Neutral STOCH (9,6) 33.758 Sell St…
Short sentiment
This pair is in a very clear trend short. formed the figure of a triangle on the weekly chart. remained another support level 4.1214, which will probably be broken next week. RSI
EUR/PLN triangle support
I think there comes a change in trend when the price hits the support of the triangle to the moon chart.