NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.

The bullish trend upwards to the next resistance line at 0.59913 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.59591 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.59913 – 0.59736 – 0.59709 – 0.59591 – 0.5957 – 0.5942 —
0.59679 – 0.59889 —
42.791577578056 – 64.320118247699 —
– —
0.59913 – 1772010000

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –