NZD/USD – 30M – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline downwards

A bearish trend downwards to the next support line at 0.57413 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.57929 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The 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%.

0.57929 – 0.57921 – 0.57976 – 0.5774 – 0.57736 – 0.57768 —
0.57706 – 0.57689 —
31.663983497195 – 37.711933330045 —
– —
0.57929 – 1767792600

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