TheSignalyst

USDHUF waiting for our trigger to sell

Short
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
USDHUF is sitting around a strong supply zone in green so we will be looking for objective sell setups.

this one formed an objective trendline in red so we are waiting for a momentum candle close below its last swing for more confirmation.

we also have a regular bearish divergence adding more confluence to our sell setup.

This analysis is done using RichTL
www.RichTL.com

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