NZD/USD – 30M – SELL

And also a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.56483 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.56747 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.56747 – 0.5691 – 0.56822 – 0.56483 – 0.56574 – 0.56749 —
0.56590 – 0.56581 —
45.134695128267 – 48.281923892066 —
– —
0.56747 – 1763406000

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