NZD/USD – 4H – SELL

The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.59375 will persist.

Caution: A possible change in the direction of the resistance line at 0.60125 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.60125 – 0.6003 – 0.60527 – 0.5942 – 0.59375 – 0.60141 —
0.59908 – 0.59496 —
51.473717399794 – 35.643056954478 —
– —
0.60125 – 1772078400

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – – – – – – – – –