Down trade📉📉

USD/DZD🔥💰💰

Why the market might move downward:

* Bearish Trend: The chart clearly shows that the price is continuously dropping. It is forming consistent Lower Highs and Lower Lows, which is a sign of a strong downtrend.

* Rejection from Resistance: Although the price attempted to move upward, it faced resistance at a specific level and started falling by forming Bearish Candles (Red Candles).

* Candlestick Patterns: Observing the last few candles, the red candles are much larger and more powerful compared to the green ones, indicating the dominance of Sellers.

* Support Breakout: The price is showing a tendency to break through its previous minor support levels. If the current candle closes below the previous low, the probability of a further decline increases.

A Short Note for Trading:

"Based on the current market structure, the USD/DZD pair is in strong bearish momentum. Since the price has faced rejection from a major resistance zone and is consistently making lower lows, taking a 'Down' trade could be a logical decision here. However, keep in mind that risks are higher in the OTC market, so following proper money management is essential."

> Warning: Trading is highly risky. Especially in the OTC (Over-the-Counter) market where algorithms are at play, it is always better to practice with small amounts.