---------------EURHUF LONG--------------- Regarding to this "exotic" currency pair I can tell I am already in a long position with 3 trades at average price 392.17. In the long run I expect more HUF weakness but first we can go lower to 385-383 area where I plan to add 2 more trades and I am finished with the whole position building and I will be waiting for...
The HUF has been in a weakening trend for a long time. The support-resistance square shown in the picture will be suitable for a bounce. The weakening continues.
DAILY: - Grote + kleine BM WEEKLY:https://www.tradingview.com/x/EyXq6z2F/ -S&D zone -Marktstructuur is bullish -BM 4H:https://www.tradingview.com/x/rkBgYKtM/ -IHS
The HUF continues to weaken, we will almost certainly not stop until the 400 level.
Since I live in Hungary, I get first-hand information about the economy. The HUF is predicted to be long in the long term. If you want to make some money, it might be worth shorting to the line and then longing and we will go above 400.
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
DAILY: - bearish ms - HS / BW - -68 fib completion, bulls are taking profit WEEKLY:https://www.tradingview.com/x/M35Y2XLI/ - ms is nog steeds bullish - in de correctie zijn de Bears nog steeds impulsief - vormen weekly bw en hs - zien ook een dubbel top(golf) => wil de fib completion zien voor we terug long gaan, deze komt ook overeen met de weekly buying zone...
I see a good descending flag. Because there is a good momentum, a zigzag, parallel lines and three touches from above and below. I expect the price to go down.
Weekly: Criteria 4/4 Daily: - Bullish M + Inv H&S *Clear S&D zone *Impulsive 3rd leg 4H: - Waiting on valid confirmation
I have set 2 buy limits with 1% risk each. A few minutes ago, managed to get 1:1 ratio profit on this pair. Unfortunately, market continued its downtrend and gladly give new opportunity for us:)
I'm in with 1% of my capital. My second trade will be also 1%. If price comeback to entry level, You can also try to look for buy opportunity.
EURHUF is bearish on the 1D timeframe (RSI = 35.270, MACD = -1.570, ADX = 36.402) after being rejected on a Double Top on the R1 level (394.675). The downtrend crossed under both the 1D MA50 and 1D MA200 and is approaching the S1-S1 Zone, above the HL trendline. This is a major buy zone as the 1D RSI also touched the bottom of its Channel Down. We expect a bullish...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
-USDHKD- -EURHUF- These tickers are showing some of the clearest sell signs. I expect these to hit or even surpass targets.
The EURHUF pair is on a peculiar Ascending Triangle pattern, currently supported by the 1D MA50 (blue trend-line) near the Higher Lows. The 1D RSI is on a Higher Lows trend-line of its own and as long as those hold, we are bullish, targeting 394.6500 (Resistance 1). If a 1D candle breaks and closes below the 1D MA50, we will take the small loss and open a sell...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck