NZD/USD – 30M – SELL

Then a ‘Head and Shoulder chart pattern’ chart pattern is detected. The chart shows ‘Head and Shoulder chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.59867 – 0.60125 – 0.59913 – 0.59569 – 0.59591 – 0.5957 —
0.59797 – 0.59890 —
47.921047664465 – 58.482858600899 —
– —
0.59867 – 1772146800

Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Engulfing – Head and Shoulder chart pattern – – – – – – – –