NZD/USD – 30M – BUY

Moreover a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Bullish Divergence’. chart scenario.

Moreover a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Bullish Divergence’. chart scenario.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.59034658 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.5926 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.5926 – 0.59244 – 0.59085 – 0.58735 – 0.58952 – 0.58865 —
0.58941 – 0.58761 —
39.646127482623 – 36.771150539875 —
– —
0.5926 – 1777876200

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