EURHUF LONG TRADE IDEAI am already going long on USDHUF but also this pair shows bullish potential because of the bullish pin bar that formed at this support level and I would be targeting previous resistance.Longby jvaledon0
EURHUF Update: HnS is Breaking Down After Breaking UptrendDo to the huge gap in interest rates between the EUR and the HUF it seems like it will only be a matter of time before a bearish pattern like this were to play out. This is simply just me revisiting the chart as we have gotten both a Bearish Backtest of the old uptrend and have broken through the neckline of the Bearish Head and Shoulders.Shortby RizeSenpai444
EUR/HUF - buyzone - Long - 1-3moBuy in zone: ~404-408 HUF TP: 445 HUF SL: 399 HUF Time interval ~1-3mo Longby Skill4funUpdated 3313
EUR/HUF - inverse Head&Shoulders - Long - 1-3wA potential inverse head and shoulders pattern on the chart (not the prettiest, but whatever) and on the RSI as a possible sign of a reversal. Let's see if price can rise above the neckline around 415 HUF, if so: Buy in: above ~415 HUF TP: 433 HUF Time interval ~1-3weeks Fundamental background: The European Commission has concluded that Budapest has not sufficiently fulfilled its reform promises in the fight against corruption, and will recommend to member states to freeze €7.5 billion from three cohesion programs at its meeting next Wednesday, according to the conservative daily Frankfurter Allgemeine Zeitung. ( 23.11.2022-13:14) If the Council adopts the Commission's proposals, it would mean 65 % of the funds for three Hungarian operational programs would be withdrawn from Hungary. This would mean blocking €7.5 billion, or around 3,000 billion HUF, which is around the third of the cohesion funding for the budget period up to 2027. HUF weakened against the euro on the news. source: www.faz.netLongby Skill4funUpdated 222
EUR/HUF what's next?What happens first? Breaking 416 or losing 405? The next move may depend on this.by OBalazs110
EURHUF Bearish Dragon: Hungarian Interest Rates Remain ElevatedDo to the huge gap in interest rates between the EUR and the HUF it seems like it will only be a matter of time before a bearish pattern like this were to play out.Shortby RizeSenpai113
EURHUF // bumpy road back to the primary trendBasically, this market is a no trade for a long time, I guess... definitely between the long and short trigger zones. A lot of stop before the impulse of the primary may begin. I see no opportunity right now, I just publish it because some of you asked for it. 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! ----------------------------------------------------------by ZenScape3
EURHUF // nice test in the correction, what's next?Market corrected all the way down to the daily support zone, and may come back into the countertrend of the countertrend , then long trend may resume at the long trigger zone. Long term shorts are only below the short trigger level. 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! ----------------------------------------------------------by ZenScapeUpdated 0
EURHUF // important levelsEURHUF made a sharp move in the correction zone all the way down to fibo 61.8%. From here, taking back the lower green level means that the correction of the correction starts. The question is what price draws us next? We can have another wave down, or above the long trigger zone, the uptrend may resume. Fundamentals don't bother me, price tells everything, and that's what I see on the chart. Thanks for reading my analysis!🤘🏽 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! ----------------------------------------------------------by ZenScape0
EURHUF // not all markets are to tradeHi✋🏽 A sharp move into the correction area means that some traders must take profits. A good entry has been up in the target zone when H4 closed down the previous start of the impulse wave up (see related idea). Now it's time to wait what waves emerge from the market. Sometimes the best trading is staying out. 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 ZenScape0
EURHUF // correction has started on H4Hi✋🏽 Price has reached the daily target fibo 238.2 after an extreme hike, and immediately started to show signs on H4 that the correction has started. Target zone is marked by pink. There may nice day trading opportunities in this countertrend, but the best ones come after the break of the countertrend that's about to be built. 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! ----------------------------------------------------------Shortby ZenScapeUpdated 117
EUR/HUF technicalsEUR/HUF strong pullback on Friday. Price came down to a previous resistance. Now acts as support. The pair has to decide the direction. Important support and resistance levels are marked on the chart.by OBalazs1
EURHUF - Good Example of using Pivot PointsI've been trading for over 7 years and I've come to love pivot points! I see pivot points being used constantly and i just wanted to show you EURHUF on a 15 minute chart as an example. When the US market opened they made big moves around yesterday's price level until it hit the first support level. I use pivots to scalp the market so i can compound my longs and shorts to make up for any losses that may have happened! Pivots are usually only used in day or swing trading on the 1 minute, 5 min and 15 min charts. Zoom out to multiple time frames to check the trend and then take orders only in the direction of the trend to have some confluence going on. Don't just take trades blindly without fully being aware of what's going on. Make sure you read all and any economic news that is out there!! NOTE: Pivots don't always work but for the most part you can see them being used here in real time. (This is just a guide to show you how pivots are used, this is not a trading signal) I don't mind sharing because i want all of us 5% to make some so the big can loose some :)Educationby JasonLeighton0
EURHUF all the way upHi Everyone!✋🏽 EURHUF has triggered the long trade, and it's heading to the targets. Please check the related EURHUF analysis. Happy trading! ⚪️⚫️ ---------------------------------------------------------------------------- Thanks for reading my analysis!🤘🏽 Remember that trading is a risky business. SIZE your TRADES according to your risk aversion! ---------------------------------------------------------------------------- Please remember to support the idea with a BOOST or COMMENT with your highly appreciated opinion! Longby ZenScapeUpdated 7
EUR/HUF - buyzone - LongBuy in: ~393-398 HUF TP: 422 HUF SL: 390 HUF Time interval ~1-3wLongby Skill4funUpdated 116
EURHUF - going north after hesitation?Closing above the trigger zone may bring the HUF lower.Longby ZenScapeUpdated 1
EURHUF $EURHUF Initial ShortEURHUF $EURHUF Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.Shortby loxx1
EUR/HUF - 4H - shortterm bullish Cypher Pattern - longIt seems that on the short term 4H chart, a bullish cypher pattern is emerging. Buy in if price reach 397,77 HUF TP: ~407 HUF SL: 394,80 HUF Time interval: ~1-3d Longby Skill4funUpdated 221
EURHUF: 4HR Hidden Bullish Divergence at Critical LevelIf this level were to break i think it would have a clear shot down to 386 but if we can get some performance out of this Hidden Bullish Divergence on the 4 Hour then we would be in the early stages of forming a Double Bottom Pattern that at the very least could take us back up to the neckline.Longby RizeSenpai2
EURHUF $EURHUF Initial ShortEURHUF $EURHUF Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset. Shortby loxx2
EURHUF Short UpdateDid take the first profit on the short I published on May 26. I moved my stop loss a bit and adjusted the Harmonic pattern to a Daily Chart to have a clearer view. Frankly, I am skeptical of hitting the 357 ish target, But I want to stick to this TA as much as possible. Will partially take profit along the way. the ECB on Thursday is what I'm looking forward to. Shortby gotwhatneeded4
EURHUF Harmonic PatternBeen watching the EURHUF for several months now. as the political/economic situation in the eastern part of Europe gets more and more complicated, could picture this Bullish Harmonic pattern forming against the Hungarian Forint. I know shorting the incomplete harmonic is not recommended, but I believe with a managed risk, you can trade any Idea. Of course, in case of this Harmonic Pattern is completed, I'll be looking for a good long setup toward the 420HUF. Shortby gotwhatneededUpdated 662
Resistance 200MAThe euro is strengthening. Up 400? Long position Start: 373,320 Longby UnknownUnicorn61904461