InkyGrip

EURHUF at the resets of the channel ðŸĶ

FOREXCOM:EURHUF   Euro / Hungarian Forint
The market as we expected went to retest the dynamic trend line of the channel on the 4h timeframe.
On the fundamental side we have a strong euro but the price seem to push further down to get back inside the channel.

At the moment the market is ranging between the 2 resistance zone therefore there are 2 possible scenarios:

- If the market will break above the upper structure we can look for a long position with a TP around the 350 level
- If the market will break below the blue structure we can set a short order with a TP around the lower trend line of the channel.


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Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
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