NZD/USD – 30M – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.60135 – 0.60527 – 0.60496 – 0.59575 – 0.5989 – 0.60039 —
0.59717 – 0.59900 —
41.301571355841 – 60.589823986535 —
– —
0.60135 – 1771412400

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