USDHUF long NOW.USDHUF buy now. Gonna post when i close. Wanna see all these possitions for free earlier ? pm me.
HUFUSD trade ideas
A flag breakout If you look from the support of the trendline the pair has been going up to make higher highs and forming a resistance and on those resistance when it came back to support of the trendline it came with a form of a flag and every breakout of the flag it moved higher
SELL USD/HUF.WE ARE IN THE C WAVE DOWNWARD AS PER ELLIOTT WAVE PRINCIPLE, LOOKING FORWARD TO SEE THE PRICE REACHING THE LEVEL OF 304.07.
Rising Wedge on weekly chart - Time to short USDHUF?Rising wedge with weekly resistance and on overbought territory
USD/HUF will continue to move higher in the following daysThe pair will continue to move higher in the following days after it broke out from a major resistance line. Donald Trump became the fourth president impeached by the US Congress and the second to dodge it. The House of Representative impeached President Trump last December 18 on grounds of abuse of power and obstruction of congress. This was after his solicited foreign interference in the 2020 US presidential election to help his re-election bid. A phone call with then newly elected Ukrainian President Volodymyr Zelensky was the root of the impeachment. Trump withheld military aid to the NATO (North Atlantic Treaty Organization) applicant and an invitation to the White House. Trump will only revoke it if the Ukrainian president investigates Trump’s opponent’s son, Hunter Biden. Despite strong accusations against him, the House of Senate comes to his aid and acquit him of impeachment.
SELL USD/HUF WE ARE IN THE BEGINNING OF "WAVE B" AS PER ELLIOTT WAVE PRINCIPLE, WE WILL WAIT FOR A RETRACEMENT OF "WAVE B" TO 61.80% OF WAVE A, AND THEN GO FOR A SELL TRADE TO A PRICE APPROXIMATELY OF 298.60 LEVEL.
USDHUF Ascending Channel Breakout in MOTION!After a long race uphill on USDHUF, finally price made its way to a negative interest of buy orders and decided to narrow lower and lower until breaking out of its well respected channel. Entry idea would be to wait for both the finish of the breakout impulse and wait patiently for price to retrace properly before entering short for optimal risk-reward.
USD HUF SELL (US DOLLAR - HUNGARIAN FORINT)Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell.
USDHUF - 4 HourReasons why going short;
Double Top Daily Chart
Rejection at the upper trend line of the rising channel (4H)
Rising wedge pattern in the channel (4H)
USD/HUF will continue its rallyThe pair will continue its rally, sending the pair higher towards an uptrend resistance line. As the US-EU relationship falters, America has found a friend from a member state. Hungary’s populist leader has been making noise inside the bloc with his populist government. He led the rise of the Visegrad Group, an eastern bloc inside the European Union. Together, they pressured the Germano-Franco alliance in giving up some of their powers. The election of the European Commission president, Ursula von der Leyen, saw a bigger role for the V4 nations. Hungary got a vice-presidential position, holding the EU Enlargement portfolio. The country’s plan to include countries of the former Yugoslavia had created tension with French President Emmanuel Macron. Hungary is now calling for the EU to clarify its position in Iran and to move closer to the United States. The US was able to establish its influence with the Visegrad Group.
USDHUF: Break-out or Pull back. How to trade.USDHUF is trading on a long term 1M Channel Up (RSI = 59.447, MACD = 6.440, ADX = 46.694, Highs/Lows = 6.8414) since 2019 Q4. Right now it is ahead of a key level the 1D Lower High trend line (dashed). A rejection gets us back to the Higher Low trend line of the 1M Channel Up, while a break out begins a new bullish sequence. Our TP is 311.000 if the break out happens.
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USD-HUFi have combined cypher,snd, and fibbo
as dollar weakens the base currency with dollar eg USD/XXX is going to fall
USDHUF SHORTHello Traders
Previous trade (long) exited in big profit. Let's leverage that on the way down.
TD9 setup with a bearish yume twist.
Good luck
PREVIOUS TRADE
EDIT: the stops I post are just suggestions for emergency SL. typically when I am sitting at the PC I don't run stop loss preferring to manually manage myself. As seen in the previous analysis (long) stop runs are common and they ran the EXACT technical stop suggested by the chart.
