NZD/USD – 30M – BUY

Additionally a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.597025 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.6003 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.6003 – 0.59644 – 0.59799 – 0.59445 – 0.59375 – 0.59454 —
0.59630 – 0.59560 —
37.34316839552 – 31.685678987563 —
– —
0.6003 – 1771810200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Up – – – – – – – – –