Qml
EURNZD DAILYOn this chart, what we have is a bullish market currently giving a correction of "A,B,C" , My prediction is that it will be bullish, as it currently gave us a lower low after local low, headed up to our Quasimodo Level. After that, I still am looking for a drop maybe to 61.8 but I wouldnt sell, Id rather wait for the drop to complete then I can buy at 61.8 to the Daily QML.
QML search for entry on lower TF (Bearish Setup)QML search for entry on lower TF For Bearish Setup
There is 4 type of pattern on smaller timeframe on 5M and 15M, all of them
are engulfing candle that cover the whole left candle. Your entry level
will be on the open (for bull candle) close (for bear candle) of the engulfed candle.