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Daily Gap Close
15m/200 BCR complete. Waiting for 1H to come onside and 15M continuation to downside. Trade safe.
EURHUF up trend continuation
Monthly, weekly, daily,H4 up trends. Starting to move up again from its 200 day moving average support level and the daily anchor support level ( horizontal white line)
4H BCR Of S&D Zone
Looking at a potential long for EURHUF. There has been a BCR of the marked S&D zone on the 4H. Price has also pushed away from the mid level of the ascending level which started in 2010. On the 1H we had a BCR of the golden cross when the market opened on Sunday, we have also had a BCR of the S&D zone on the 1H in the last few hours. R/R - 2.15/1 Wait for: - The 3rd 4H candle to open and show continuation signs - Sniper System to come onside on 2 time frames.
SMOOTH AND EASY (HEIKEN ASHI SMOOTHED) This strategy is based on something mandy1 was looking at last year. This is my version with some tweaks and additions. PAIR : EURHUF SHORT ENTRY : 335.969 STOP : 339.080 (previous HIGHS PLUS 30 pips) TP : 329.670 (previous LOWS PLUS 30 pips) ROAD BLOCK AROUND : 334.000 CROSSOVER SHORT *** STOP LEVEL is only a safety net. We should close the trade if the Yellow Line (8 EMA) crosses and closes back over the Slow Red MA. This aims to ensure that a full stop out is not hit. (4 hour Trigger Chart )