Been watching the EURHUF for several months now. as the political/economic situation in the eastern part of Europe gets more and more complicated, could picture this Bullish Harmonic pattern forming against the Hungarian Forint. I know shorting the incomplete harmonic is not recommended, but I believe with a managed risk, you can trade any Idea.
Of course, in case of this Harmonic Pattern is completed, I'll be looking for a good long setup toward the 420HUF.
Of course, in case of this Harmonic Pattern is completed, I'll be looking for a good long setup toward the 420HUF.
Komen:
I had a Take profit 1 on this Trade; will post an Update soon. the ECB plan on 9th Jun is so important.
