AUD/PLN Bullish Reversal Setup – Buy from Demand Zone Toward 200

6 Apr

EMA 30 (Red): 2.35352

EMA 200 (Blue): 2.39026

🧠 Trade Setup: Potential Long Opportunity
📍 Current Price: 2.35026
📌 Key Levels:
Entry Zone (Demand Zone): Around 2.31857 – 2.34500

Strong historical support (highlighted in purple).

Market is expected to pull back here before bouncing.

Stop Loss: 2.31857

Placed below the demand zone to avoid false breakouts.

Resistance Point (Initial Obstacle): 2.36122

Short-term resistance where price previously rejected.

EA Target Point (Main Take Profit): 2.40889

Aligned with a major resistance + 200 EMA.

Also the top of a prior consolidation zone.

⚖️ Risk-to-Reward Breakdown:
Risk: ~317 pips

Reward: ~724 pips

R:R Ratio: ~2.3:1 — Favorable for intraday-to-short-term swing setups.

🔍 Market Insights:
Price has dropped sharply and is consolidating near a support area.

The 200 EMA overhead is sloping downward — signifying overall bearish pressure, but short-term correction is possible.

A bounce from the demand zone could lead to a bullish retracement.

7 Apr

Dagangan ditutup: sasaran tercapai

tradingview.com/x/7UWEGuGC/target point hit