NZD/USD – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline downwards

A descending movement down to the next support level at 0.58865 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.5926 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.5926 – 0.59244 – 0.59085 – 0.58952 – 0.58865 – 0.58207 —
0.59035 – 0.58944 —
44.616572294358 – 42.904402410127 —
– —
0.5926 – 1777876200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –