Trade idea - USDHUF Long

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4H

Corrective approach towards entry zone.

-27 Fibonacci completion aligning with entry zone.

Ascending trend line holding up the price.

= Buy limit.

Bullish M pattern also there as extra evidence.

0.3% risk.
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MONTHLY

Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

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WEEKLY

Double bottom pattern can be in play, with fake out towards the Monthly zone.

-27 Fibonacci has been completed.

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DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

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交易开始
Involved.
交易结束:到达止损
-0.3%. I was doing an FTMO challenge trying to get funded with 50K. Drawdown limit got hit. Failed this challenge. Time to evaluate. I will learn from my mistakes & try again soon. Great things don't come easy.
Chart PatternsDXYdxyindexHUFnakedpriceactionpatternspriceactionanalysisSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend Analysis

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