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.
The target price is 300 HUF. The movement of the exchange rate is in front of another wave of rising waves. Its size may be equal to the size of the accumulation band. The second rising wave structure.
Disclaimer - I could be wrong/Trade at your own risk...
The exchange rate builds on the second rising wave. I expect this wave structure to match the size of the previous fractal wave structure. In the event that the analysis is in place, the target target price is HUF 296.5
USDHUF daily timeframe sideways trend and support-resistance channel.
Hi All , I'm selling this pair using the rectangle and the candle stick pattern . Everything on the chart . Many Thanks.
Pattern: Rectangle on 1D. Signal: Bearish on the Resistance Zone, Bullish on the Support Zone. Target: 283.140 for scalp longs, 277.050 for scalp shorts.
I expect the exchange rate to decline in the medium term. The decline may last up to 260HUF against the US dollar. This is a drop of almost 7.3% from the current level. Why is it so big? I assume that the strengthening of the Hungarian forint and the weakening of the US dollar will be present at the same time, as a result of these two movements, a larger decline...