technical monthly ⇌ support test ⇌ bullish weekly ⇌ support test ⇌ bullish daily ⇌ ici pattern ⇌ bullish fundamental cot data shows that the major speculators are bullish on usd so the move to the upside can be expected
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.
USDHUF is in the latest supply and on the upper band of long term ascending parallel channel. Price action look bearish on lower time frames. I will be looking for shorts. For the exact timing of the entries join my on trading room. See the links in the signature. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" or...