Kumowizard
Long

EURHUF - Early bird catched the worm

FX:EURHUF   None
64 views
1
64 0
Hopefully not too early, but it looks more and more like a good buy soon for a 311-312,50 tgt .

Daily: Trendline and horizontal support holds, MACD and Slow Stoch both up.

4 Hrs: Price is still below Kumo, but it printed a higher low today, which means the probability of double bottom is increasing. If it breaks higher, measured tgt from this pattern will be 312 - 312,50.
DMI is still bullish and Slow Stoch is turning up from oversold as well.
Short term equilibrium Px determinde by Kijun Sen and Senkou B is 307,30. (Daily Tenkan Sen is there too). This is the level to watch for a good risk-reward long entry.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out