NZD/USD – 30M – SELL

Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.5901 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.59348 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish SBS White Lines’ candle pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.58762 – 0.59348 – 0.59452 – 0.58619 – 0.58568 – 0.59179 —
0.58862 – 0.58815 —
68.274185516986 – 52.143609597388 —
– —
0.58762 – 1780547400

Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish SBS White Lines – – – – – – – – –