"Top and Bottom Analysis" USD/PLN by ThinkingAntsOk
4H CHART EXPLANATION:
We observe that price broke down the Ascending Wedge Pattern, so, we expect a corrective movement since it did not correct after the breakout. It would be an optimal point to place an entry, looking for a downside move towards the support zone.
MULTI TIMEFRAME ANALYSIS:
- Daily:
- Weekly:
We observe that price broke down the Ascending Wedge Pattern, so, we expect a corrective movement since it did not correct after the breakout. It would be an optimal point to place an entry, looking for a downside move towards the support zone.
MULTI TIMEFRAME ANALYSIS:
- Daily:
- Weekly: