USD/PLN About to Drop by ThinkingAntsOk
🔸 WEEKLY CHART EXPLANATION:
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🔸 Price is on an uptrend, however it has formed a double top pattern with the previous max level.
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🔸 We observe that the level could not be broken, and, if we go to a lower timeframe, we see some bearish signals.
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🔸 It has potential to reach the Ascending Trendline.
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🔸 Will look for a lower timeframe Bearish setup.
🔸DAILY CHART ANALYSIS:
.
🔸 Price is on an uptrend, however it has formed a double top pattern with the previous max level.
.
🔸 We observe that the level could not be broken, and, if we go to a lower timeframe, we see some bearish signals.
.
🔸 It has potential to reach the Ascending Trendline.
.
🔸 Will look for a lower timeframe Bearish setup.
🔸DAILY CHART ANALYSIS:
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