USDHUF short ideaUSD/HUF before big drop. Check lower time frame for top. Trade your plan :) Good luck :)Shortby bbea292
USDHUF: Sideways within the 1W Rectangle.The previous TP = 283.20 on USDHUF was hit and the pair has been trading sideways since within a 273.754 - 285.075 1W Rectangle (ADX = 17.489, Williams = -49.968, Highs/Lows = 0.0000). The most optimal approach is to long near the 273.754 Support (TP = 283.268) and short near the 285.075 Resistance (TP = 275.110). by InvestingScope16
USDHUF - Downtrend and preparing for the next legUSDHUF is showing signs of negative divergence and is getting ready for its next big move. The path of least resistance is on the downside. Open a small SHORT position on USDHUF and save your capital to increase your position if the price moves higher. This trade setup has an excellent RISK/REWARD ratio.Shortby winningeverydayUpdated 2
USD/HUF - 295 next potential targetUSD/HUF reversed like in the textbooks (XABCD) till 161.8 Fib. The bullish trend still has rate differential support with Fed not being afraid to hike further despite Trump rhetoric. Next level is 295 previous high.Longby RobertSoosUpdated 1
USDHUF Long ....USDHUF Long ... There are three types of wave structure in the exchange rate. The final wave structure target price is 293.68 HUF. Then I expect a smaller ABC correction, up to the rising ATR axes (purple line). Then if events in Turkey continue to muddle the mood of investors, then a bigger jump from this axis can begin.Longby meszaros5
USDHUF Buy IdeaUSDHUF Buy Idea @Daily Demand Zone (248.445 - 246.552) Buy Limit: 248.521 Stop Loss: 246.022 Take Profit: 253.417Longby Mohamed_KabeshUpdated 6
USDHUF Buy IdeaUSDHUF Buy Idea @Weekly Demand Zone (253.474 - 250.029) Buy Limit: 253.402 Stop Loss: 249.648 Take Profit: 260.852 Longby Mohamed_KabeshUpdated 4
USDHUF - Short Opportunity 1DUSD broke falling wedge on daily against HUF. It has completed 5 waves of the recent mid-term bullrun and is starting an ABC correcion potentially. RSI is showing bearish divergence on daily. There is a short term 0.786 support of the overall Elliot 1-5 cycle at around 276.6 level - I am expecting this to break given the bearish confluences (falling wedge pattern and RSI divergence) and the target I am looking for as the A leg correction is the 0.618 level - just above 270.1. This is the upper level of a support zone between 267.3 - 270.1 (267.3 is the 0.382 of the previous mid-term bearish swing and 0.786 fib of the mega long-term bullish swing starting from 142 in 2008). These are my personal views. Please trade carefully and with capital you can afford to lose! Comments are very welcomed!Shortby drgorogbalazsUpdated 6
USDHUF long, break above 61.8 fib level, EM market weakness playHUF is an emerging currency, with no positive carry value -> risk-off sentiment = sell HUF The economy is export driven, weaker HUF does not hurt the government in the short run Monetary policy divergence got stronger Cons: - NBH can decide to verbally intervene in the HUF market especially because of EURHUF rateLongby RobertSoosUpdated 2
Channel Up on 1D. Long.USDHUF is consolidating (4H RSI = 54.112, ADX = 17.781) on the Higher Low line of the 1D Channel Up (RSI = 63.148, Highs/Lows = 0.2450). We are going long, TP = 283.200.Longby InvestingScope3
USDHUF started corrective action...USDHUF started corrective action. Two fractal movements can be identified in the exchange rate. In the second fractal I have a growth of 1.68 ATR. From this, the second fractal target is 264.93 HUF. From this level, the rise can continue.by meszaros4
USDHUF: Buy after pivot breakoutWe are buying a pivot breakout at the 60 minutes that is a continuation of a major uptrend at H4. The stop loss is at the last bottom of the pivot an the target at a 100% fibo expansion.Longby Pedro_amad00
SELL then BUY2 different trades back to back. First sell then buy. Strong buy zones (yellow bubbles) GOOD LUCK!!Shortby marcmpb0