NZD/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.57534 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.57859 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download NZD/USD Signal Image

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows