NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bearish trendline upwards

The bullish trend up to the next resistance line at 0.58617 is expected.

Caution: A possible change in the direction of support at 0.58205 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

0.58617 – 0.59111 – 0.59197 – 0.58472 – 0.58914 – 0.59206 —
0.58170 – 0.58305 —
17.780056462485 – 39.963033964322 —
– —
0.58617 – 1773374400

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –