BTC/USD: a top?
It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.
NZD/USD: the kiwi met a dragon
Recommendations:
BUY 0.702
SL 0.6965
TP1 0.7125 TP2 0.719 TP3 0.7285
On the daily chart of NZD/USD, after the pair reached the 88.6% target of the “Bat” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave. To continue the upward movement, bulls need to break the upper boundary of the downward channel.
On H1, there is the “Dragon” pattern. If the pair breaks resistances at 0.702 and 0.703 (88.6% from the last downward wave) and reaches targets of the “Dragon heads” pattern, bulls will be able to go up.
Ivan Karamazov
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