Hello, here is my analysis for USDHUF. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 USDHUF technicaly based idea, we can see price is bounce from bottom trend line, candels formation is good...
Hi there. Price is forming a possible continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
The pair has been trading on a steady Higher Low bullish sequence on the 1D chart (RSI = 64.877, MACD = 4.886, ADX = 60.426) since 2019. Recently however it has entered a strong parabolic rise that is currently consolidating. Typically this is a sign of exhaustion and the MACD has already started to roll downwards. We are aiming on a 0.500 Fibonacci retracement at...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
ENTRY: 298.200 TP: 299.500 TP2: 300.500 TP3: 301.300 SL: 296.600 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 297.500 TP: 295.000 TP2: 292.000 TP3: 289.000 SL: 299.000 Chart time frame - 1W Time for reaching TP - 1-2W Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 387.00 TP: 383.00 TP2: 379.00 TP3: 375.00 SL: 392.00 Chart time frame - 1D Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!
Huge potential right now so long it play the uptrend and lock in on the way up lots of momentum and strong support to go up
After a long race uphill on USDHUF, finally price made its way to a negative interest of buy orders and decided to narrow lower and lower until breaking out of its well respected channel. Entry idea would be to wait for both the finish of the breakout impulse and wait patiently for price to retrace properly before entering short for optimal risk-reward.
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell.
USDHUF is trading on a long term 1M Channel Up (RSI = 59.447, MACD = 6.440, ADX = 46.694, Highs/Lows = 6.8414) since 2019 Q4. Right now it is ahead of a key level the 1D Lower High trend line (dashed). A rejection gets us back to the Higher Low trend line of the 1M Channel Up, while a break out begins a new bullish sequence. Our TP is 311.000 if the break out...
Continuing to Short USDHUF, I believe through historical data that price will continue its ways to the downside.
The pair is trading on a strong 1D bearish leg (RSI = 37.148, MACD = -1.594, Highs/Lows = -0.8378) that has rebounded on the pivotal 30.000 RSI level. Based on CHFHUF's past price action on that level, we are expecting a medium term rebound to 305.000. On the long term, assuming the Support from the previous Monthly High holds (as it has done since 2018), we are...
The pair has been trading on a very strong and steady 1W Channel Up since April and has just hit the Higher Low supporting trend line (RSI = 53.917, MACD = 2.461, ADX = 44.042, Highs/Lows = 0.0000). This makes it an automatic buy opportunity for us, especially since the RSI on the 1D time frame nearly hit 30.000 and rebounded. Our Target Zone is 338.000 -...
Pattern: Channel Up on 1W. Signal: Bullish as the price broke below the 1D MA50. Target: 307.000 (just under the 1D Resistance).
Pattern: 1W Channel Up. Signal: Long once the pull back is completed on the 1D MA50. Target: 310.000 (almost +4.60% projected rise).