NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.57317 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.56623 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.57317 – 0.56963 – 0.56282 – 0.56623 – 0.55909 – 0.5592 —
0.57153 – 0.57173 —
52.123730128054 – 49.236991211961 —
– —
0.57317 – 1764216000

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –