NZD/USD – 30M – SELL

Also there is a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.55917902 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.56153 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.56153 – 0.56069 – 0.56384 – 0.55823 – 0.55791 – 0.55896 —
0.56141 – 0.56139 —
56.118643275962 – 53.201964159447 —
– —
0.56153 – 1763766000

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