Kumowizard
Short

Goulash cannon reloaded?

FX_IDC:EURHUF   EURO / FORINT
60 0 1
Well, actually the "Goulash-cannon" really exists!!! It was (is?) used by the Hungarian army for catering reasons. Basically they are cooking and store goulash in it. But let's see what's cooking in EURHUF?

- Ichimoku picture is turning to bearish . Price attempts a bearish Kumo breakout. This also means a possible break of triangle's lower side. Supp/res lvls in focus: 310,50 / 309,25
- Heikin Ashi sell signal! Obvious bearish candle today with haDelta/SMA3 bearish cross below zero line.
- if the lower (thick green) trendline goes broke, and price clears 308,50-309 level, then next tgt             will be 303!

I hold my increased HUF             exposure and keep the risk reversal Put option structures opened earlier.
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