NZD/USD – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.56436 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.56963 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.56963 – 0.56282 – 0.56213 – 0.55909 – 0.5592 – 0.55949 —
0.56823 – 0.56826 —
61.940451376125 – 61.37501255624 —
– —
0.56963 – 1764133200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down – – – – – – – – –