Buy in zone: ~404-408 HUF TP: 445 HUF SL: 399 HUF Time interval ~1-3mo
A potential inverse head and shoulders pattern on the chart (not the prettiest, but whatever) and on the RSI as a possible sign of a reversal. Let's see if price can rise above the neckline around 415 HUF, if so: Buy in: above ~415 HUF TP: 433 HUF Time interval ~1-3weeks Fundamental background: The European Commission has concluded that Budapest has not...
Market corrected all the way down to the daily support zone, and may come back into the countertrend of the countertrend , then long trend may resume at the long trigger zone. Long term shorts are only below the short trigger level. Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about...
EURHUF made a sharp move in the correction zone all the way down to fibo 61.8%. From here, taking back the lower green level means that the correction of the correction starts. The question is what price draws us next? We can have another wave down, or above the long trigger zone, the uptrend may resume. Fundamentals don't bother me, price tells everything, and...
Hi✋🏽 A sharp move into the correction area means that some traders must take profits. A good entry has been up in the target zone when H4 closed down the previous start of the impulse wave up (see related idea). Now it's time to wait what waves emerge from the market. Sometimes the best trading is staying out. What do you think??? Trade safe! ⚪️⚫️...
Hi✋🏽 Price has reached the daily target fibo 238.2 after an extreme hike, and immediately started to show signs on H4 that the correction has started. Target zone is marked by pink. There may nice day trading opportunities in this countertrend, but the best ones come after the break of the countertrend that's about to be built. What do you think??? Trade safe!...
Hi Everyone!✋🏽 EURHUF has triggered the long trade, and it's heading to the targets. Please check the related EURHUF analysis. Happy trading! ⚪️⚫️ ---------------------------------------------------------------------------- Thanks for reading my analysis!🤘🏽 Remember that trading is a risky business. SIZE your TRADES according to your risk...
Buy in: ~393-398 HUF TP: 422 HUF SL: 390 HUF Time interval ~1-3w
Closing above the trigger zone may bring the HUF lower.
EURHUF $EURHUF Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
It seems that on the short term 4H chart, a bullish cypher pattern is emerging. Buy in if price reach 397,77 HUF TP: ~407 HUF SL: 394,80 HUF Time interval: ~1-3d
EURHUF $EURHUF Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Did take the first profit on the short I published on May 26. I moved my stop loss a bit and adjusted the Harmonic pattern to a Daily Chart to have a clearer view. Frankly, I am skeptical of hitting the 357 ish target, But I want to stick to this TA as much as possible. Will partially take profit along the way. the ECB on Thursday is what I'm looking forward to.
Been watching the EURHUF for several months now. as the political/economic situation in the eastern part of Europe gets more and more complicated, could picture this Bullish Harmonic pattern forming against the Hungarian Forint. I know shorting the incomplete harmonic is not recommended, but I believe with a managed risk, you can trade any Idea. Of course, in...
Despite some modest HUF strenghtening EURHUF looks always bullish as hell. Hungary's central bank MNB announced bigger steps in rate hikes, projecting 8% by the end of the year. Plus, elections coming ahead and none of the results favouring HUF in the short term. Viktor Orban's 4th consecutive win would give HUF a great pressure, assuming the continuation of the...
this "little" butterfly bring me some money 🙂👌❤ comments welcome
In this pair, technical analysis shows a technical figure Flag. The Flag broke through the support line on 01/12/2021. EURHUF is forming a bearish formation on a daily chart. If the price holds below this level, we will have a possible bearish price movement with a forecast for the next 6 days with a target of 361.08. According to the experts, your stop loss...
Based on the monthly, weekly, daily trend analysis + Fibonacci I think EURHUF pair will drop to 356.8.