NZD/USD – 1H – SELL

Moreover a ‘Double top chart pattern’ chart layout is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Moreover a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.60629 – 0.60575 – 0.60786 – 0.60191 – 0.59901 – 0.60222 —
0.60431 – 0.60325 —
52.168754860573 – 47.230021402799 —
– —
0.60629 – 1770159600

Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Belt Hold – Double top chart pattern – – – – – – – –