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.
The pair will continue its rally, sending the pair higher towards an uptrend resistance line. As the US-EU relationship falters, America has found a friend from a member state. Hungary’s populist leader has been making noise inside the bloc with his populist government. He led the rise of the Visegrad Group, an eastern bloc inside the European Union. Together,...
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...
Hello Traders Previous trade (long) exited in big profit. Let's leverage that on the way down. TD9 setup with a bearish yume twist. Good luck PREVIOUS TRADE EDIT: the stops I post are just suggestions for emergency SL. typically when I am sitting at the PC I don't run stop loss preferring to manually manage myself. As seen in the previous analysis (long) stop...
Continuing to Short USDHUF, I believe through historical data that price will continue its ways to the downside.
Good Luck Traders Edit: The entry on the chart is accurate as I entered this yesterday...looks good so far.
Pattern: Channel Up on 1W. Signal: Bullish as the price broke below the 1D MA50. Target: 307.000 (just under the 1D Resistance).
{4H, $USDHUF} The general price movement is in an ascending-channel after price confirm the Support/Resistance of the channel {Previous Price Action} The price was Bouncing & pulling back inside the channel while it keep making HH/HL to confirm it's direction to upside, there's no Fake-outs has made before & this shows long-term price stability {Current...
Pattern: 1W Channel Up. Signal: Long once the pull back is completed on the 1D MA50. Target: 310.000 (almost +4.60% projected rise).
Hi All , This a scalping trade with a potential 50+pips & can turn into a swing as we have been waiting for an entry for 6 weeks . Please sl to entry when price move 30 pips . Many Thanks.
Hi there. Price hasn't moved to the top of the pattern. Currently is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Hi All . Opening a sell on this pair . We are currently trading inside channel & there's a possibility of a slight retracement to previous Resistance before price continue the trend down . Entry marked and SL and TP . Conservative SL .
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
Hi All , Opening a sell on this pair . Entry , TP and SL marked .
The exchange rate builds on another falling fractal. According to my analysis, the wave structure in the yellow square can begin. In the event that my idea is correct, the target price decrease may be around 267huf.