TheSignalyst

USDHUF - Wait For The Trigger!

Short
FX:USDHUF   U.S. Dollar / Hungarian Forint
Hello everyone, if you like the idea, do not forget to support with a like and follow.

USDHUF is sitting around a daily resistance in blue so we will be looking for sell setups.

on H4: USDHUF formed a head and shoulders pattern but it is not ready to go yet. Before we sell, we want the bears to prove control again.

Trigger => Waiting for a momentum candle close below the gray neckline to sell.

Until the sell is activated, USDHUF would be overall bullish and can still trade higher.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
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