-Head and shoulder pattern created
-Price is retesting the neckline
-Price is below 4h 200 EMA
- 1D RSI is below 50
If price will break out from ascending channel there is good chance for short position
TP target: Fibo 0.5 , 1D 200 EMA - 379-385 HUF
Fundamental support could be the agreement with EU and the Hungarian Government...
-Price is retesting the neckline
-Price is below 4h 200 EMA
- 1D RSI is below 50
If price will break out from ascending channel there is good chance for short position
TP target: Fibo 0.5 , 1D 200 EMA - 379-385 HUF
Fundamental support could be the agreement with EU and the Hungarian Government...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.