Range, triangle, low volatility. Just trade Heikin-Ashi signals!
EURHUF is still trading within a very tight range. It also forms a simmetric triangle. From Ichimoku setup it is very clear, that this market has not been trending at all.
Equilibrium level is 310, marked by flat Kumo and Kijun Sen.
However it can be perfectly traded by Heikin-Ashi signal rules. Please see how market respects the triangle resistances and obvious Heikin-Ashi reversal signals at thos key levels. (marked with ellipses)
Short term question: how price action will look like around 310+ equilibrium.
Long term question: which side of triangle will break first (imho the lower bound, but it will take some more time.)
Equilibrium level is 310, marked by flat Kumo and Kijun Sen.
However it can be perfectly traded by Heikin-Ashi signal rules. Please see how market respects the triangle resistances and obvious Heikin-Ashi reversal signals at thos key levels. (marked with ellipses)
Short term question: how price action will look like around 310+ equilibrium.
Long term question: which side of triangle will break first (imho the lower bound, but it will take some more time.)
