Stock market: has Cisco reached a limit?
The stock of Cisco formed a doji “shooting star” candlestick on the weekly chart.
NZD/USD: will kiwi catch the wave
Recommendation:
BUY 0.709
SL 0.7035
TP 0.7235
On the daily chart, bears managed to lead the pair to the lower border of the long-term uptrend. A successful test of diagonal support will increase the possibility of a break in an uptrend and formation of the “Crab” pattern.
On H1, the return of the pair to the top of the previous short-term consolidation will create grounds for the reversal “Wolfe waves” pattern.
Ivan Karamazov
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