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U.S. Dollar / Hungarian Forint

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U.S. Dollar / Hungarian Forint forum

USDHUF wc papir lett a forint

USDHUF this daily support zone and yesterday's daily candle may indicate a nice rebound within the minor long trend on the Weekly. Above the green one (366.484) the market goes into expansion on the Daily, and above the gray resistance zone, Weekly target fibo 138.2 is reachable.
Snapshot

USDHUF Idea:The signal is so clear I'm won… The signal is so clear I'm wondering if I'm being trolled

USDHUF Idea:Beauty is in the eye of the be… Beauty is in the eye of the beholder | USDHUF - USDPLN

USDHUF to short it
Snapshot

USDHUF Time to short it

USDHUF short now

USDHUF - longrun TP is 450...

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 buyer 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 4% long straddle from current price >50%
Snapshot