Hey !
Looks like Eur /nzd has reached the end of a bull trend. looks like its accumulating steam inside a nice triangle pattern before the bears take over. In this period I'm looking for prices to flatten out for a day or two before the bears start taking over and the selling begins.
if the supply zone I have made ist tested consistently or broken I will adjust accordingly.
Let me know how I'm doing !
What you don't see on this chart :
I also used a gann fan to make forecasting lines on the next few moves before the downtrend , as well as fibonacci retracement to figure out my price targets.
Message or follow me I love to hear from all of you out there!
Looks like Eur /nzd has reached the end of a bull trend. looks like its accumulating steam inside a nice triangle pattern before the bears take over. In this period I'm looking for prices to flatten out for a day or two before the bears start taking over and the selling begins.
if the supply zone I have made ist tested consistently or broken I will adjust accordingly.
Let me know how I'm doing !
What you don't see on this chart :
I also used a gann fan to make forecasting lines on the next few moves before the downtrend , as well as fibonacci retracement to figure out my price targets.
Message or follow me I love to hear from all of you out there!