GBPPLN - Non Trending.GBPPLN is Non Trending . Stop Loss and Sell Stop marked with the help of Support and Resistance.Shortby ahmadkhandawar7860
GBPPLN Sideways Trading Strategy! 📈 GBPPLN Sideways Trading Strategy! 📉 #GBPPLN #Forex #TradingStrategy #TechnicalAnalysis #SidewaysMarket Greetings, fellow traders! 📊 Today, I'd like to share an exciting trading opportunity in the GBPPLN currency pair. The 1-hour chart indicates a sideways market, with no clear bearish or bullish trend. To take advantage of this situation, I have devised two trade plans using buy stop and sell stop orders, carefully aligning them with key support and resistance levels. 📉 Trade Plan 1 - Sell Stop 📉 🎯 Entry: At S2 - 5.1269 🛡️ Stop Loss: Above S1 - 5.13625 🎯 Take Profit: 1:1 at 5.11755 This plan aims to capitalize on potential downside movement within the current sideways range. The sell stop entry at S2 suggests a bearish continuation, while the stop loss above S1 acts as a safety barrier in case of a potential reversal. The take profit level of 5.11755 offers a balanced target within the range. 📈 Trade Plan 2 - Buy Stop 📈 🎯 Entry: At R2 - 5.18320 🛡️ Stop Loss: Below R1 - 5.17620 🎯 Take Profit: 1:1 at 5.19055 In this plan, we are seeking to profit from a potential breakout to the upside. The buy stop entry at R2 implies a bullish continuation, while the stop loss below R1 safeguards against a potential pullback. The take profit level of 5.19055 provides a balanced reward-to-risk ratio within the range. As always, it's crucial to remember that trading in a sideways market comes with inherent risks. Proper risk management is essential, and I advise not risking more than you can afford to lose. Good luck! 🍀 Happy trading! 📈💹 by T-Q0
GBP/PLZGBP/PLZ Bearish Trend Entry Price : 5.129 STOP Lose : 5.15 Take Profit : 5.07Shortby numanmunir0
GBP/PLN - Cup & HandleGBP/PLN is currently forming a Cup & Handle Pattern. Bullish Divergence on RSI also recorded during formation of the pattern. Expecting price to break the pattern and continue moving up!Longby Tempo_Trades3
GBPPLN Falling Wdge LONG position-GBP vs PLN breaking the bearish trend. -Significant Divergence -Falling wedge pattern -Risk/Reward 1%Longby numanmughal03240
GBPPLN 1H - Bear TrendAnalysis: GBPPLN is currently in a bearish trend. As the price in at Fib retracement level 0.38, we can enter in a short trade. For this trade the stop loss will be at 5.28646 which is the previous lower high level. ------ Trade ------ Type: Short Entry: 5.25754 Stop Loss: 5.28646 TP1: 5.22862 TP2: 5.19970Shortby kspilot0
GBPPLN $GBPPLN Short ScalpGBPPLN $GBPPLN Short Scalp. TPs on chart. 50-200X leverage. Choose your own SL.Shortby loxx5
GBPPLN LongLong position on GBPPLN. We saw false breakout from trendline on D1. What is more on H4 we see pullback to short term trendline broken yesterdayLongby derdi91332
GBPPLN Slowly Bullishness seen in weeks to come Wishing all the best from Malaysia.Longby reazosmanUpdated 221
GBPPLN Cap & Handle Pattern and Fib Extension Target LONGThis analysis is based on Cap & Handle pattern which can be drawn as shown with dotted lines, plus Fib extension target measured from the start of the new trend. Reaching 5.8 PLN per GBP is quite possible seeing the recent drop has now reached resistance level and 50% drop of the price rise, s/l below 75% would be a good idea, protect your capital is always a good idea! Which reminds me- please remember this is just an idea not a trading advise :)Longby lb-countsUpdated 5
GBPPLN Long ScalpGBPPLN Long Scalp. 100x leverage. SL is liquidation. TPs on the chart. Longby loxxUpdated 112
GBPPLN Short ScalpGBPPLN Short Scalp. 100x leverage. Targets on the chart. SL is liquidation. Shortby loxxUpdated 1
GBPPLN Long Symmetrical triangle The rend has been broken and we are looking at possible targets confirmed by levels of t/p measured using symmetrical triangle pattern and fib level as t/p 2 FOREXCOM:GBPNOK [/symbol ]Longby lb-countsUpdated 2
GBPPLN- BUY - Price rejected several times at support with several wicks - Price to break resistance trendlineLongby Neoteric_PaperRoute221
Moving to Poland from GB - When to swap? Outlook could be both positive and negative (NEUTRAL), pricing shows now is not a bad time to convert GBP to PLN as we are at a neutral position in the market. Scenario 1 - It could break higher but has some tough resistance to break through first, including breaking out of its current range Scenario 2 - It could bounce back lower, keeping in its current expanding range and heading back down to the lower support trend line Not financial advice! by NFVeejUpdated 113
GBP/PLN My first public idea. Weekly ICIGaining a Little confidence in my education/strategy, gunna try this out. Please give feedack if you have it.Longby joeycourtrel2
GBPPLN BUY BIAS!!We have had an impulsive move to the upside. Thus we need to wait for a correction back into a key level. Need to see 4hr rejections come from this level then I will be taking a long trade. SL at the invalidation level which is below the recent swing low. Target retesting the high and some continuation. Solid RR on this trade.Longby LTMCAPITALTRADING3
GBPPLN 4HOURExpect prices to hit 5.00429 level on the pullback then go upShortby Neoteric_PaperRoute0