That's my trading plan. We can see how's forint doing or the Brexit. Good luck to trade with your own plan :)
The pair has completed a cypher pattern on the daily time frame and price action indicates a reversal to short.
Chart pattern : Falling Wedge in timeframe H4 Price cannot break the upper line and may drop down to the support level 352.75 Target point near the support level 352.75 Stop loss should higer than the resistance level 363.50
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GBPHUF wave structure. In our opinion, the exchange rate is a double bottom. It is assumed that from this bottom one quarter of a quarter rose. This rise rises close to 356 HUF per week. Since this stage is quite volatile, we will be waiting for correction again from level 356. Then again, a quarter-wave reinforcement, then a slight correction and a new...