Kumowizard
Long

EURHUF - 310 again?

FX_IDC:EURHUF   EURO / FORINT
39 1 1
Weekly:
- After a decent drop fro 7 weeks, last candle had both upper and lower wicks. So far it looks like Kumo bottom and weekly major uptrend line managed to hold. There is also a resistance below Chikou Span in the past Kumo. It is very obvious, that for a major trend reversal Price should break 302 and 300 as well on the weekly chart.
- Price may be stuck in the Kumo for a few more weeks, which in terms of Ichimoku is a neutral territory. Recent Heikin Ashi candle is green, still within the body of previous candle. haDelta is marching up, trying to cross back above zero line.
- Very likely we will see a spike again towards Kumo top or Kijun Sen to revisit 310-313 levels.

Daily:
- Price is below the Kumo, but could not make a lower low two days ago. Kijun Sen got down to Price, a cross above Kijun would allow Price to go higher. Chikou Span also lost its open space, and the Kumo started to overshade Price candles too.
- Heikin Ashi candles show short term undecision, but as haDelta still have a positive divergence and is about to cross above zero line, it is a bit more likely that we'll see higher prices in coming days. Oscillator is bullish too.

In case of a Kijun cross, first bullish tgt             is 310, second tgt             is 313.
well, it reached 309 only. Closed the long today after Price broke back below 306 in the morning. Neutral now again.
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