NZD/USD – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The currency pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline down.

The bearish trend down to the next support at 0.59901 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.60629 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.60629 – 0.60575 – 0.60786 – 0.60191 – 0.59901 – 0.60222 —
0.60296 – 0.60038 —
39.363264771577 – 39.4086660466 —
– —
0.60629 – 1770159600

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –