Trade idea - USDHUF Long

Aggiornato
4H

Corrective approach towards entry zone .

-68 Fibonacci completion aligning with entry zone.

Ascending trend line holding up the price.

= Buy limit.

DXY makes sense for a Long as well.

1% risk.

Nota
MONTHLY

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

istantanea
Nota
WEEKLY

Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

istantanea
Nota
DAILY

Bullish impulse: indication.
Still trending down making LLs / LHs.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

istantanea
Nota
Changed risk exposure to 0.5% as it is Friday afternoon.
Trade attivo
Active
Trade chiuso: stop raggiunto
-0.5%.
Chart PatternsDXYdxylongForexforextradingfxtradingpatternspriceactionanalysissupportandresistancezonesTrend Analysisusdhuflong

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