NZD/USD – 30M – SELL

Then a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.566065 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.569 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.569 – 0.56543 – 0.56582 – 0.56608 – 0.56404 – 0.56396 —
0.56777 – 0.56817 —
58.125957542777 – 55.576948698936 —
– —
0.569 – 1782840600

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