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Kumowizard
12 Th12 2016 14:19

Warning for bulls: take some profit 

EURO / HUNGARIAN FORINTICE

Mô tả

- 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!

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