NZD/USD – 4H – SELL

The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline downwards

A descent downwards to the next support at is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.581 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘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%.

0.581 – 0.58529 – 0.58309 – 0.57107 – 0.5733 – 0.57356 —
0.57489 – 0.57772 —
45.765724908353 – 55.329593775004 —
– —
0.58100 – 1767686400

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –