Do to the huge gap in interest rates between the EUR and the HUF it seems like it will only be a matter of time before a bearish pattern like this were to play out. This is simply just me revisiting the chart as we have gotten both a Bearish Backtest of the old uptrend and have broken through the neckline of the Bearish Head and Shoulders.
Hello to everybody! Crypto is boring last days, so here is some nice setup on EUR/HUF. Today we have nice rejection, so it's good time to take short. If you keep this position you will get possitive swap points every day!! Better then saving account in the bank:)
I think the Hungarian Forint strengthening against Euro, and the price is at very high level, so this is a good entry for open short positions on EUR/HUF pair