USD-HUF Double-Top AnalysisUSD-HUF Double-Top Analysis: Bullish Trend will be converted into Bearish and the Divergence was seen. Sell Stop level is at 369.900, Stop loss at 380.400, TP-1 will be at 360, and the TP-2 at 350. by trading_jupiterPublished 1
WAVE 5 IS ABOUT TO START(BULLISH)I'm expecting a bullish trend from that support zone now and according to Elliot Wave Market needs to complete wave 5 before a bearish swing which will be wave 2 with A,B & C then continue going up. NB :Risk management is the e Key to become a Successful traderLongby Bonga01Published 4
WINshould've bought at the green arrow ( first green candle after double bottom )Longby raymartdomantayPublished 3
USDHUF exotic planI´m expecting weakening of this pair due to economic situation in Hungary and 25% of inflation. Enter just if any 1D candle closes above entry line. Cutloss if any daily closes below SL zone. Wish you good luck.Longby Rendon1Published 223
USDHUF (short scalp)Probability: ~41% Aggressive entry info: Entry: 358.551 // OANDA Feed Stop loss 358.786 /// OANDA Feed Take profit 1: 353.319 Risk to Reward: 23 Take profit 2:352.330 Conservative /ideal entry info: Entry: 360.396// OANDA Feed Stop loss 360.988/ OANDA Feed Take profit 1: 353.319 Risk to Reward: 15 Take profit 2:352.330 Take profit 3: 337.830 RR: 6.2% Precision of entry: Medium / Low Additional comments: If sellers fail then buyers will take the price to 367.330 and ultimately to 369.733 (price will follow the red scenario/arrow highlighted on chart) Note: setup will be invalid if target 1 is achieved before the setup is triggered Probability of a 4% long straddle from current price >50%by LyzerrUpdated 2
USDHUF Carry Trade BIG POSITIVE SWAPThanks to the large positive swap, we would be in profit even if the price goes in the opposite direction, that's why this high stop lossShortby ForexCompanyUpdated 1
USDHUF LONG TRADEI am going long after a bullish pin bar formed on the daily chart at a broken resistance level which hopefully now is acting as support. Also the bullish pin bar formed at the 61.8 and 50 Fib levels so I am going to go long and target the next level.Longby jvaledonPublished 1
USDHUF - How to play the dollar long ?One vehicle how you can short or long the dollar is the USDHUF. The USDHUF mirrors the DXY moves pretty well. Though watching the FIB retracement we are at no man's land : the Fibonacci 61,8% is still 10 HUF away: we have important levels at 354.738, 352.993, and 351.248. I don't think price will break these levels at the first try. If we can bounce from here price will tag the 50 EMA and 200 EMA at 378-380. Longby chartwatchersUpdated 0
Longing USDHUFHuge long monthly timeframe. Pullback to 61.8 also strong bullish candle on daily timeframe. For education purposes onlyLongby eduardomendes9209Published 0
USDHUF Swing Price Analysis Long 1MThis is a price prediction for USDHUF pair on monthly chart. The price retrace to the monthly orderblock then it will push to the upside from cca.320. If it makes a new swing high(break of market structure) the bullish trend can continue, if not(fails to create a new higher high), a swing market shift will happen.Longby BlzsFXPublished 559
USD HUF Good morning to everyone and Happy New Year! As you can see we are investigating the USD/HUF. I strongly suggest you finish your short position on USD due to the fact that technically and also fundamentally we HUF went way ahead way too fast under the current circumstances. We are looking for the dollar will get stronger and we will retest the 400 levers in the next 2-3 weeks Thank You - ELGatoTradeLongby ElGatoTradeUpdated 0
My algorithm is giving a short signalMy costumized algorithm is giving a long signal - Details on chartShortby PatrickBuhrRasmussenUpdated 2
USDHUF Buy after re-tap of PWL.OANDA:USDHUF Price has been funneling hard. It did a brilliant move to downside for a false breakout which took out all buy-side liquidity. Watching for price to tap PWL before making a move upside to take out all sell-side liquidity as all buy-side has been exhausted. Longby fxboyzcoUpdated 112
shortExchange FOREX Symbol USDHUF Interval 240 Min Pattern Channel Down Length 128 Candles Direction Identified Time 12-12 22:00 Trend Change Continuation Quality Initial Trend Volume Uniformity Clarity Breakout N/A Forecast Price N/AShortby deep-trader7Published 1
UDSHUF SHORT 3/8 TRAP SET UPlooks like we will move to the downside . if that happens we are looking to execute a short trade for profit.Shortby sergiojdelgadoPublished 0
USDHUF // correction may endAfter yesterday's FED contribution, price has finished a 1-2-3 wave right into the previous south breakout on the daily, meaning the correction may end here, and price can first make a correction of the correction, then long trend may resume and in this case, further target zones become valid. Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Remember that trading is a business. SIZE your TRADES according to your risk aversion! ----------------------------------------------------------Longby TheMarketFlowUpdated 332
USDHUFi expect price to retrace back to the QM Level after breaking the structure of the leading daigonal and retrace a bit for wave B and now wave C is in place for the further continaution to the downside Shortby PAFGPublished 112
USDHUFprice is expected to move to the upside after the leading diagonal formed wgich stand for wave A and correction is in place to the QM level which stand for wave B then after wav B is complete , we will move down for wave CShortby PAFGPublished 0
Possible short soon...-Head and shoulder pattern created -Price is retesting the neckline -Price is below 4h 200 EMA - 1D RSI is below 50 If price will break out from ascending channel there is good chance for short position TP target: Fibo 0.5 , 1D 200 EMA - 379-385 HUF Fundamental support could be the agreement with EU and the Hungarian Government...Shortby DubaiMormPublished 1
USDHUFUSDHUF is showing Declining phase and Short the position with a Stop Loss 430.25by malikamjadhussainPublished 0
USDHUF // waiting for waves to show directionHi✋🏽 USDHUF made a quick correction. Many traders see such a move as a turn, but remember: until the weekly pivot (red zone) is broken, this market is in a long trend. I've marked the long trigger zone that, at the moment, shows the level that, if taken back by the buyers, I go long. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. I JUST REACT! Thanks for reading my analysis!🤘🏽 Remember that trading is a business. SIZE your TRADES according to your risk aversion! ----------------------------------------------------------by TheMarketFlowPublished 223
USDHUF // correction scenariosHi✋🏽 A clear start of the correction made (part of) its first impulse wave that tested a nice north breakout on H4. I expect a correction from here and another wave down where the target is a Daily north breakout. Important to know that imho the steepness of the curve doesn't matter, we are in the CORRECTION. It means, R/R ratios are not as favorable as in an impulse wave in the direction of the main trend on the W/D timeframes. However, we are possibly in a local stop of the uptrend that may resume any time. What do you think??? Trade safe! ⚪️⚫️ -------------------------------------------------------------------------------- ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. I JUST REACT! Thanks for reading my analysis!🤘🏽 Remember that trading is a business. SIZE your TRADES according to your risk aversion! ----------------------------------------------------------by TheMarketFlowUpdated 333
2022-10-W41: USDHUF: Prepare To DropHi friends and fans of Fibonacci As the price comes to Fib level (1.618, 445.309), it will retrace to some degree, so we could prepare to short. In the past, price retraced at D1 (0.786, 342.943) and D2 (1, 369.273). Stop Loss: 450.100 Entry D3: 445.309 Target E1: 411.589 Target E2: 387.306 Target E3: 367.680 Target E4: 348.054 Remark : We will update the time when price hits targets in the Comment . Shortby SupersafeTraderUpdated 447