NZD/USD – 30M – SELL

Also there is a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.58718 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.59206 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.59206 – 0.59223 – 0.59193 – 0.58759 – 0.58978 – 0.58718 —
0.58871 – 0.58910 —
35.620085109056 – 39.124344219594 —
– —
0.59206 – 1776877200

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