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Usdthblong

USDTHB a good runner when the Dollar is strong This pair has been quiet this week, which is why I think it will start running again today. USD CHF struggles a bit for longer term direction as technically price is below the the daily 200ema which of course presents a bearish scenario. What I also like about Long USDTHB is that you can see in the 30m chart its price action has recently exited a huge 30m falling-wedge & triangle that complicated its Long-momentum. The USD is expected to strengthen on the back of recent weakness, so perhaps it wont be long until this gets above it's 200 daily ema.
Long
by Easy_Explosive_Trading
1
U.S. Dollar / Thai Baht - Reversal incoming ???Hey Traders We have USD/THB here on chart, my weekly fundamentals are telling me we have a potential for a reversal from demand zone, if you follow my charts I am using weekly charts for my analysis and daily chart to zone in on demand or supply to get area more accurate to place our buy or sell limit. So details are on chart where I am placing buy limit and sl and tp Please like comment and follow cheers This chart material is for education purposes only / Demo account should be traded only
Long
by Costy13
12
USDTHB Renewed Demand for USD In Short TermBased on previous Black Friday Sales, it is clear to me that Aha! Now I know #002 is the next pre-release initial investors buying in cheap period before the other market players catch on. There is never certainty that this time round's Black Friday Sales will be a success, and if it happens to fail, I would exit for a small loss as usual, probably at 40% of my 1R risk. But it depends. What I expect from here on is some insider buying and selling before international release of the USD which would drive demand upwards for the short term, where at the peak(hopefully) we would sell for a neat profit. I am looking at this pair on the Daily, down to 4H, however, the train has departed on the 4H, and it is giving us a second chance at the toilet stop, which allowed us to hop on with little we have, hoping to sell what we have for a profit at townhall. The demand is not certain however, so we can only keep on trying. As long as we show up enough times, we will make a profit. Just keep showing up, and cutting our losses quickly(to minimise internal damage) and cutting losses small(to prevent financial damage) and all will be good in the long run(hopefully). 1602SGT 25032024
Long
by ProfessionalDuckHunter
The daily chart and the 200 day MA The daily chart and the 200 day MA are known to provide a really good trading opportunity – not always but frequently. When price has spent some time below or above the MA and it crosses over to the other side, you should be watching this. If price retests the MA and gets rejected, you may have an opportunity to catch a multi-day runner. In the USDTHB chart here, you can see that price has crossed over above the 200dma. It is starting to pull back towards it now and possibly will stall either at the major support at 35.20 or the MA. If we get a clear sign of being rejected and a bullish candle prints above the MA, it is a good sign to take a long. If such PA develops, you could be in for massive profits IF you stay patient and committed. Also, check out AUDUSD for a similar setup. Once again, we are only watching and trading this on the daily chart. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
Education
by Trading_Vista
Expectation in the continuation in the uptrend - USDTHBThe recent uptrend in USDTHB as expected took a breather but without any significant sell-off. Although it failed to break the long-term resistance at round 36.50 it may only be a matter of time until it does. I fully anticipate the recent strength shown to translate into further gains Ultimately, I am looking for further gains the reach the next resistance areas at 38.22 and beyond. So, hopefully this may be good for some 150 pips with limited downside risk given the current strength of the dollar The 0.618 FIB level as shown providing support as it already defended any sell pressure a few days ago.
Long
by h_g_l
USDTHB is in possible buy zone!!USDTHB( D ) is moving in a strong up trending market. creating a series of higher high and higher low. Currently, the price has just tested daily previous swing high previous resistance as support and it is weekly 50% fib level. On a daily there is a strong rejection candle has formed. It is a high probability that USDTBH will continue to rise from this level in the new trading week. Thank you for visiting this idea. Press the like button if you find value in this idea :)
Long
by ForexWizard01
USDTHB fomred bullish butterfly | Upto 4.5% bull move.Priceline of US Dollar / Thai Baht forex pair has formed a bullish butterfly pattern and entered in potential reversal zone to hit the sell target soon insha Allah. This PRZ area is also a stop loss point, in case of complete candle stick closes below this area. MACD is turning bullish, it was strong bearish now turned weak bearish. RSI is oversold. Stochastic is oversold. Volume profile of complete pattern is showing less interest of traders at this area. I have used Fibonacci sequence to set the targets: Buy between: 30.772 to 30.397 Sell between: 31.064 to 31.770 Enjoy your profits and regards, Atif Akbar (moon333)
Long
by moon333