Nem - Bullish scenario

Based on price action and with assumption that we are about to break through the consolidation period. It is possible that sometime in mid april we will have a strong rally. Else reverse but in bear mode.

?*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

Thank you,
Ajion

Trade chiuso: obiettivo raggiunto:

So when started this analysis. We expected a little more downward motion into E. Well that did not happen. As B to C was very weak, so the D spike that happened early in April was ended in E - flat. And so the bull trend has begun.

Right after the downtrend triangle was crossed, we started buying and holding.
Right guys, -heh.

Now we have Reached 1, lets see from deeper analysis what can happen next.