Descending channel plus lower low to lower high are being made so this indicates bearish move and also bearish triangle pattern is also formed as well.
That is 3 indications that this CFD will go bearish.
NZDUSD has been making Lower Lows and Lower Highs for the past few days, Price has recently hit the monthly resistance at the price of 0.73000 and a chart & candlestick reversal pattern has been show!
BTC -
BTC Looks like we are seeing a ret-tracement and a possible break from the rally we have seen
540.0 would be our desired target , also our buying region.
Short idea.
2 Resistance lines approach.
Looks like it's forming a head and shoulders. Yet to confirm.
RSI looking like it's going to make Lowe Highs (LH).
Waiting on 2 speeches that could confirm or defer this idea.
If candle closes below previous low and RSI hits the red line. Short idea confirmed.
Risk reward ratio 3/1.
