Hi Everyone!✋🏽 Just a quick update on the USDHUF. Direction is undecided yet, I'd wait for a confirmation in the trigger zones. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️ ---------------------------------------------------------------------------- Thanks for reading my...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
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.
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.
we are waiting for a momentum candle close below our lower blue trendline to sell this one long-term. meanwhile, our blue trendline acts as support, so we will be looking for objective buy setups on lower timeframes.