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benedekdomotor

Bullish Flag pattern

U.S. Dollar / Hungarian Forint (OANDA:USDHUF)  
benedekdomotor  
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
Trend Analysis Technical Indicators Flag
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trendanalysis indicator flagpattern
After the disastrous MNB announcement, the price got back quickly above the previous trend-line.
It seems that it was a false breakout-below, which turned the whole look into extremely bullish.
But need to wait for some consolidation, before the trend continuation.
A bullish flag pattern is taking shape, which is also bullish.

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