Kumowizard
Long

EURHUF - What can't go down...

82 1 1
... will go up... or will trade sideaway

Daily:
- Ichimoku setup is bearish , but bearish bias is decreasing a bit. 304-305 resistance holds, MACD lines converge.
- HA candle has a very small body today, haDelta crosses up, but the question is still the same: can it come back above zero line? Anyway, there is some positive divergence in haDelta lows.

4H:
- DMI             losing bearish bias again, while Price is still stuck in a triangle.
- bearish supports and reversal points are: 306,50 (ard Kijun and 100 WMA) and 307,45 (trendline and Kumo)
- Heikin Ashi setup is more bullish again

I still keep small long with a stop below 304. Looking to increase if breaks above 307, with 310-312 tgt             in focus.
My bottom fishing longs got stopped. It looks like a break on the lower side, however I still think EURHUF is very much oversold now. We will probably see some retracement, but likely not to very high levels. I think we'll have to change startegy to sell on tops now. We'll see how it will behave if we see a pull back to 307....
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