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Dave-FX-Hunter
Aug 16, 2019 7:08 AM

Potential trend continuation Long

USD/HUFOANDA

Description

Monthly weekly daily all trends are up. Now we are on the bottom of ascending channel and in the weekly, monthly demand zones. It has a lot of potential to go up. Next to it HUF is copying a bit EURO so weak EUR = weak HUF too.

Im opening 1 small position with larger stop loss and will ad more if it drops lower. There is as well nice positive swap so holding it for while will make extra profit.

Comment

I think next week the market will retrace to our entry zone.

Order cancelled

Will be looking for short now.
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