The USDHUF pair has been trading within a Triangle pattern since the March 15 2023 High. It has seen 3 Bearish Legs so far and currently is on the 4th. All corrections reversed to a Buy when the 1D RSI hit or came very close to its Oversold barrier (30.00). We are anticipating another such opportunity to target 370.000 (just below its 0.9 Fibonacci retracement...
The USDHUF pair had a bearish break-out on our last analysis (October 13 2023, see chart below) and after hitting our 345.700 Sell Target, it rebounded: The rebound formed a Channel Up, which again failed and a new downtrend has been confirmed after the price broke below the 1D MA50 (blue turned-line) again. Once the 1D MA200 (orange trend-line) breaks as...
The USDHUF pair is trading within a Channel Up pattern, currently extending the bearish leg after a Higher Low on Resistance 1 (375.600). The previous bearish leg hit the 1D MA50 (blue trend-line) and then rebounded, so we are expecting a similar development. As long as the pair is closing the 1D candles above the 1D MA50, we will be bullish, targeting Resistance...
Here we have a decent wl ratio . more details will be posted
This is a no-holds-bared, unmitigated, lock-and-load - and do it now! -, scenario. It does not get any easier than this, not even in the EUR/USD. The Hungarian Forint is staring at a massacre, with immediate effect. (... despite the fact that I applaud Victor Orban, the Hungarian Prime. Nevertheless, he has nothing left to work with. Simultaneously, he (still)...
USDHUF $USDHUF Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
USDHUF $USDHUF Short Scalp. TPs on chart. 100-500x leverage. Trail after TP2 with .5atr step, 1.5 atr offset.
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
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!
ENTRY: 297.500 TP: 295.000 TP2: 292.000 TP3: 289.000 SL: 299.000 Chart time frame - 1W Time for reaching TP - 1-2W Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 306.900 TP: 306.000 TP2: 305.000 TP3: 304.000 SL: 308.500 Chart time frame - 1W Time for reaching TP - 1W Follow, Like, Share or Comment Thanks on supporting! All best!
Pattern: Channel Up on 1W. Signal: Bullish as the price broke below the 1D MA50. Target: 307.000 (just under the 1D Resistance).
Pattern: 1W Channel Up. Signal: Long once the pull back is completed on the 1D MA50. Target: 310.000 (almost +4.60% projected rise).
Disclaimer - I could be wrong/Trade at your own risk...
Pattern: Rectangle on 1D. Signal: Bearish on the Resistance Zone, Bullish on the Support Zone. Target: 283.140 for scalp longs, 277.050 for scalp shorts.