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.
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%