NZD/USD – 4H – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 0.5926 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.58147 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. 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%.

0.5926 – 0.59235 – 0.59223 – 0.58147 – 0.58397 – 0.58492 —
0.58779 – 0.59192 —
45.425957631046 – 60.893830438598 —
– —
0.5926 – 1777867200

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