- Ichimoku setup is bullish, but
- Heikin-Ashi has some early warning signals: price could not not close above 314,50-315 key resistance for 8 days now.
Today we have another doji candle. haDelta has negative divergence. haOscillator has negative divergence, and a cross down below zero would confirm a local top.
- MACD histogram ticks lower (negative divergence)
- EWO is bullish, but chance for a value top.
- Market may be developing a bearish wedge pattern -> lower trendline and/or Tenkan Sen can be used as tight trailing stop.
315-316 is a trong resistance and a cap for this year.
Start taking profit on long EURHUF!
- Heikin-Ashi has some early warning signals: price could not not close above 314,50-315 key resistance for 8 days now.
Today we have another doji candle. haDelta has negative divergence. haOscillator has negative divergence, and a cross down below zero would confirm a local top.
- MACD histogram ticks lower (negative divergence)
- EWO is bullish, but chance for a value top.
- Market may be developing a bearish wedge pattern -> lower trendline and/or Tenkan Sen can be used as tight trailing stop.
315-316 is a trong resistance and a cap for this year.
Start taking profit on long EURHUF!
