NZD/USD – 30M – BUY

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.58467 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.58401 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.58401 – 0.58617 – 0.59111 – 0.57737 – 0.58027 – 0.58472 —
0.57879 – 0.58060 —
32.837609334089 – 52.695416602081 —
– —
0.58401 – 1773419400

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