NZD/USD – 30M – SELL

There is also a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.57784 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.57784 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.57784 – 0.57783 – 0.57774 – 0.57567 – 0.57578 – 0.57609 —
0.57693 – 0.57690 —
53.015690837954 – 51.86684589051 —
– —
0.57784 – 1764869400

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –