USD/HUF

On m15 chart can be observe that price brek out from distribution range. Earlier there were occurred SOT pattern, "spread" candle and false brekout for short. Actually based on cumulative volume analysis we see that some money were put on long direction.

Description in the chart. I see a good potential for USD to rise against Hungarian forint.

Thanks to @chartwatchers I discovered this pair and found out that it was a pretty interesting setup for my strategy. IMO, Arpi is one of the best trader around here and even he teached me lots of knowledge through his ideas. So, this pair is breaking up to the upside on 4H. So we should have a nice follow up on 4H, then when daily meet the upper band we will get ...

i think its long because that i draw a gartley the chart keep going up.

I think this is the currency pair I traded most in my life. Before the internet platforms USDHUF , EURHUF and EURUSD was the only pairs with good spread for us... USDHUF arrived to an important resistance zone today. I think the USD bottomed today. So I'm going to play this in my home currency also. I'm using the RSI 13 here. In the last 2 years when it left the ...

all details in chart

Bullish Gartley + Price Oversold + Price At Support Area. :-) Thank Me Later

Looks like possible opportunity

SL 292.00 TP 290.97

SL 288.895 TP 289.700

SL 289.56 TP 283.907

Usdhuf test down channel, combined with the pre pressure to predict future trends

Entry 291-290.5 TP: 277

I'm sure thats Double Pick :) Enter 290,460 TP 288,680 SL 291,400

If the pair could recapture the resistance with Prices > 295,5 a breakout could be exspected. (flag tps: 317 / 340) Trading below 290-295,5 is neutral-bearish (possible tp again the flag bodys bottom at 266-270) Below that Level a further drop down to 245-250 is realistic

Next one USD pair with potential to form another one wave up. I will wait around FIBO 61.8 retracement to open Long position with R/R 2:1.

Elliot's Wave

-Wedge