NZD/USD – 30M – BUY

Then a ‘Inverse Head and Shoulder chart pattern’ chart layout is detected. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.

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

An ascent upwards to the next resistance line at 0.57929 will persist.

Caution: A possible change in the direction of the support line at 0.57736 could happen.
Consider stop-loss settings accordingly.

Then a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘MACD Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.57891 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.57929 could happen.
Consider stop-loss settings accordingly.

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

0.57929 – 0.57921 – 0.57976 – 0.57736 – 0.57768 – 0.57682 —
0.57887 – 0.57811 —
52.30163598188 – 37.85360906773 —
– —
0.57929 – 1767792600

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –