USDHUF trade ideas
(4h, $USDHUF){4H, $USDHUF}
The general price movement is in an ascending-channel after price confirm the Support/Resistance of the channel
{Previous Price Action}
The price was Bouncing & pulling back inside the channel while it keep making HH/HL to confirm it's direction to upside, there's no Fake-outs has made before & this shows long-term price stability
{Current State}
After last pullback from Resistance-level of the mini-ascending-channel, price made first breakout under the Support-level of the channel, last movements showing that price start making Hh/HL in order to get back into the channel & it's normal state
{The Plan}
Wait for the price to get into the channel again so we can go Long & trade following the general trend direction after getting all confirmations of Rectangle-breakout.
{Alerts}
Set Alert at (304.245) level to catch next LONG movements after breakout & getting all Confirmations
{Valid Pattern}
Rectangle-pattern
{HQ Chart}
i.ibb.co
(Original post: stocktwits.com )
USDHUFPosted buy setup AUG 21 s3.tradingview.com
We have now hit our target HIGHs have been taken. Exotic Pair
Already seeing SELLING happening but will wait and look for more selling confirmation + 4H Divergence spotted
USDHUF Buy SignalPattern: 1W Channel Up.
Signal: Long once the pull back is completed on the 1D MA50.
Target: 310.000 (almost +4.60% projected rise).
USDHUF bearish abcdBearish abcd pattern for USDHUF. Stop and target levels were given in chart. Good luck..
Short USDHUF TGT 292.60 SL 297.20This is USDHUF H2 chart where price has formed Rising Wedge and fell just after crossing Weekly Resistance, clearly a short set up for TGT 292.60 SL 297.20.
USDHUFMACD Divergence with higher prices if HIGH label is taken out we may have some selling
Market been moving funny for some weeks so lets see
usdhuf sell Hi All ,
This a scalping trade with a potential 50+pips & can turn into a swing as we have been waiting for an entry for 6 weeks .
Please sl to entry when price move 30 pips .
Many Thanks.
USDHUF longLooking to buy USDHUF as it's bullish and as per rules of my strategy this should move up. Target and stop loss as indicated and look to go to break even once in profit. Good luck and happy trading
USDHUF4H sell gartley seen on higher timeframe
15M Sell pattern also seen
Highs taken out and gaps filling (FVG)
Price may go higher and sell again
