USDHUFUSDHUF had broken through the resistance line and changed its trend. We have formed a pennant. The first target is near 50% Fibonacci level, the second - 61.8%.
Best regards EXCAVO
USDHUF
USDHUF Potential ReversalPA has gotten to a major level of structure where price has reversed multiple times with significant pushes to either side of the market, I'm willing to let price action set itself of for a Long opportunity for this upcoming week and next, possible 2 week hold if price decides to respect the swap lv. and Bulls enter this pair with the same kind of force.
Bullish divergence + symmetrical triangle (1D) USDHUFYesterday I wrote about the symmetrical triangle (blue lines) + As you can see, a nice hidden divergence (red lines) formed in the daily chart.
The situation is still very bullish. Around 309.5-310 there is a good buy opportunity.
Great triangle⚖️Did you miss triangles, wolves?🔥
There is a symmetrical triangle on USDHUF currency pair.
There was a strong bearish sentiment before and now the price is in consolidation.
So it may be a signal of continuation trend or the price may reverse its own movement.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
USDHUF - Buy Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: USDHUF is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
on H4: USDHUF is forming an ascending triangle in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our trigger swing. (projection in purple)
Trigger: Waiting for a momentum candle close above the gray area to buy. (after the swing high is formed as shown in purple)
Until the buy is activated, this one would be overall bearish and can still dive inside the green support before going up.
And as price approaches our upper blue resistance, we will be looking for sell setups.
Good luck!
USDHUF SIGNAL (SNIPER ENTRY UPDATES)USDHUF - 📌 SIGNAL
buy limit 290.791
SL 289.211 (1570PIPS)
TP1 294.526 (3724PIPS)
TP2 297.683 (6892PIPS)
USDHUF SIGNAL WITH SL AND TP (SNIPER ENTRY)USDHUF SIGNAL
buy limit 291.416
SL 289.869 (1547PIPS)
TP1 294.526 (3130PIPS)
TP2 297.683 (6267PIPS)
USDHUF EXOTIC PAIRS (SNIPER ENTRY)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
USDHUFInverted Head & Shoulders pattern.
signalling start of reversal for this pair.
Driving force for this trade will be the fundamentals and relying heavily on the dxy to make some sort of bounce back.
Currently waiting on the neckline breaking.
TP1 305
TP2 315
Swing trade TP 340
USD HUF BUY (US DOLLAR - HUNGARIAN FORINT)Hi there. Price is forming a reversal pattern to change its direction.
Wait for the price to complete the pattern and watch strong price action for buy.
USDHUF video top-down AnalysisHello 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!
📢USD/HUF Short 👌This pair along with most other exotic pairs have broken areas of support. I'll be waiting on a retrace to jump in when the opportunity arrives 😎
USD/HUFFinally, im done playing the waves on this. This is the moment I have been waiting for, the perfect entry for a short down to around the monthly 50 EMA. I do believe this run will start here in the next few hours.
USDHUFApproaching strong resistance area, also TDI is overbought on multiple time frames. Let's see what will happen after fundamentals.
USDHUF video top-down AnalysisHello 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!
USDHUF Short - Weekly Analysis September 20, 2020USDHUF Weekly Analysis
- Price is completing a double top on the weekly level
- Will be looking to short at the 305.000 level.
- Arrows indicate the strong structural level.
USDHUF - trendline break Supporting long:
Daily trendline break, with candlestick support + retest
Sensitive stock market sentiment
TP: 4%
SP: 0.9%
