NZD/USD – 30M – SELL

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.56491848 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.56747 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.56747 – 0.5691 – 0.56822 – 0.56378 – 0.56483 – 0.56574 —
0.56655 – 0.56747 —
52.397267889297 – 59.539131264418 —
– —
0.56747 – 1763406000

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Double bottom chart pattern – – – –