close to complete the minor wave, nice fractal movement, TP 320.00
We need more confirmation, but the strong USD fundamentals are suggests upward movement
Mid to long term trade idea. This pair is in a bullish flag. For the USD to cost only 284 is more than a bargain price to load up on dollars against the forint. Also confluence is the retracement to Fib 0.382 of the bull run that started in 2018. I think there is not a better setup to make some good money. Price however may hit 280 so I wouldn’t place stop loss at...
As you might know Hungary is at the 2nd place in Covid vaccination in Europe. As we reached the magic 50% - rate of the vaccinated people in the population- the USDHUF broke and important level : 290 . It looks now we printed an intermediate bottom - or at least a DCL - and now as the dollar is coming out of its DCL the USDHUF will rally again. Indicators:...
USDHUF - 📌 SIGNAL buy limit 290.791 SL 289.211 (1570PIPS) TP1 294.526 (3724PIPS) TP2 297.683 (6892PIPS)
USDHUF SIGNAL buy limit 291.416 SL 289.869 (1547PIPS) TP1 294.526 (3130PIPS) TP2 297.683 (6267PIPS)
USDHUF has been consolidating, as always we buy LOW and sell High , we will be waiting for price to reach on the Support before taking a long with a nice and good risk to reward ratio
Correction wave structure. On the USDHUF pair, I would like to show how the structure of the correction wave develops. If we look at the figure, it can be seen that the size of the descending wave structure indicated by the red line is the same. At the end of each descending wave structure, there is a correction wave marked "A". We also see that the correction...
WE CAN WAIT FOR BEARISH ENGULFING BAR AND WE WILL ENTER THE TRADE INSHALLAH
USDHUF - I think it will go short down. Are agree with me? Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info or analysis. Then knock me without any hesitation. Thank you.......... ©Learning Forex
i am looking to buy USDHUF, a symmetrical triangle is formed. and the market has been droping im looking for a reversal.
Just a possible scenario based on the last breakout.
📌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...
USDHUF - Trading Plan BUY Riks Reward 1:2.7 Deep Retrace
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!
Stop loss, etnry price and targets are mentinoed on graph.