NZD/USD – 4H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.58356 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.59481 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.59481 – 0.60125 – 0.6003 – 0.58356 – 0.5942 – 0.59375 —
0.59481 – 0.59143 —
49.445781521192 – 43.889918367732 —
0.59481 – 1772668800 —
– 1772668800

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – – – – – – – – –