TheSignalyst

USDHUF waiting for our trigger to sell

Short
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
on H4: USDHUF is sitting around resistance so we will be looking for objective sell setups on lower timeframes.

on H1: USDHUF formed a descending triangle in red and head and shoulders pattern so we are waiting for a momentum candle close below our lower red trendline which also acts as the head and shoulders neckline to sell this one.

This analysis is done using RichTL
www.RichTL.com

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