NZD/USD – 1H – BUY

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.58473 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.58867 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.58441 – 0.58322 – 0.58473 – 0.58108 – 0.5769 – 0.57854 —
0.58356 – 0.58503 —
58.292613901802 – 62.076413214468 —
– —
0.58441 – 1781215200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –