Dave-FX-Hunter

Nice risk reward for shorts

Short
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
USDHUF is in the latest supply and on the upper band of long term ascending parallel channel. Price action look bearish on lower time frames. I will be looking for shorts.

For the exact timing of the entries join my on trading room.
See the links in the signature.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" or "Comment".
Thank You!

“ENGAGE people with what they expect;
it is what they are able to discern and
confirms their projections.

It settles them into PREDICTABLE
patterns of response, occupying their minds while you WAIT for the
extraordinary moment — that which
they cannot anticipate.”
Sun Tzu, The Art of War


Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Trade active:
Im already in with small position and will add more if it goes higher. And some more on the way down.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.