NZD/USD – 30M – SELL

The pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the ascending trendline down.

A bearish trend downwards to the next support level at 0.60143 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.60443 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.60443 – 0.60503 – 0.59785 – 0.60438 – 0.60143 – 0.60073 —
0.60499 – 0.60922 —
53.306751812492 – 71.41957896607 —
0.60438 – 1769657400 —
0.60443 – 1769590800

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