EUR/HUF
Short

EURHUF: Monthly Bearish Divergence 3 Line Strike Double Top

This seems like it's set up to give us a Deep Retrace in the Coming Months; For 3 months It tried to make a Higher High and it succeeded only to be Bearishly Rejected by one big Bearish Monthly Candle afterwards.

Upon making this higher high you showed huge amounts of Bearish Divergence on the RSI and you printed a Bullish 3 Line Strike Pattern. Due to this i can only assume we will see much lower prices from here.
3linestrikebearishdivergenceChart PatternsTechnical IndicatorsMonthly ChartsrejectionthreelinestrikeTrend Analysis

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