CZKUSD trade ideas
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USDCZK 4H TF
USDCZK has finally given a multiyear breakout!
It could give a huge move if we are able to get a successful re test!
We have also got a 200 day ema support and a golden crossover thus this is seeming like a very promising trade!
Keep SL at low of previous candles with TGT at previous supply with trail SL
RR-8++
Possible pips-4.3
NEW HIGH INCOMINGUSDCZK 4H TF
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USDCZK has been going in a strong up trend and is now ready for a new high after the 4th wave correction,
A new high is coming and the correction is also showing signs that it is over as the RSI is at it’s support
And a reversal is expected anytime now!
A good entry can be taken once a reversal is seen
TGT 1 can be set at the upper trendline, and TGT 2+ if a breakout is seen!
RR-5+
Possible pips-0.45
