NZD/USD – 1H – SELL

Then a ‘Double bottom retreat down’ chart pattern is detected. The chart shows ‘Double bottom retreat down’. which is a bearish chart scenario. The currency pair is likely to go down.

Then a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.60088 – 0.60565 – 0.60794 – 0.58826 – 0.59588 – 0.60092

Trading Signals: FOREX – NZD – NZD/USD – USD – Two Crows