NZD/USD – 30M – BUY

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

An ascent upwards to the next resistance at 0.58482 will persist.

Caution: A possible change in the direction of support at 0.58246 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which 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’ going up is 82%.

0.58454 – 0.58482 – 0.58578 – 0.58246 – 0.58331 – 0.58336 —
0.58325 – 0.58442 —
40.428023479796 – 58.045336520369 —
– —
0.58454 – 1784282400

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