Eur Nzd lost momentum going up. Buyers are taking Profit and sellers are coming in strongly.
Market already creating a broadening wedge.
enter on the retest of the short time frame supply area.
Take profit on the demand Zone
The technical figure Triangle can be found in the French company Dassault Systèmes SE(DSY.pa) in the daily chart. Dassault Systèmes SE is a French software corporation that develops software for 3D product design, simulation, manufacturing, and other 3D-related products. Dassault Group is a subsidiary spun off from Dassault Aviation in 1981. It is headquartered in...
According to my experience, in such a situation, the pattern I have drawn should occur, and I also think that Bitcoin should experience this pattern even if it is going to experience a further price decrease.
There is a pattern on the M15 chart
M15 and M30 are overbought, now waiting for a double top on M15
Stop loss should be above 0.6919
First target is 0.68295
HI GUYZ
According to this chart, we can see the QM pattern roughly
The pattern remains valid if the price does not touch the QM ( l &hl )level area again.
Also, if the price stabilizes at $1100, we saw a higher valley and a higher peak than the price floor, which can be signs of a change in the trend of this currency.
If the price is below the $ 2.792 price range, in the uptrend up to the $ 3.376 range, we can change the trend and have a downtrend.
I think this uptrend with this good momentum needs to be corrected (;
Hello friends, your day is profitable
If the downtrend line is broken upwards, the possibility of a price increase to the blue range ($ 0.06386) is not far from the mind.
Do you think the trend is changing and going up, or is the downtrend continuing and the price range of $ 0.04996 will be lost?
It is likely that the price will rise to the yellow range of 5.64, take orders and decrease to the lower range.
But if the price is higher than 6.15, it can take an upward trend. This possibility is not so strong for me!
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will...
