NZD/USD – 1H – BUY

Additionally a ‘StochRSI %K crosses above 0.2’ indicator signal is discovered. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘StochOSC Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.58613256 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.58869 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.58869 – 0.58915 – 0.58921 – 0.57617 – 0.57978 – 0.57847 —
0.58689 – 0.58326 —
54.15134841792 – 45.746867413503 —
– —
0.58869 – 1774288800

Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – – – – – – – – –