NZD/USD – 30M – SELL

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.589345 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.59389 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. 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%.

0.59389 – 0.59099 – 0.59152 – 0.5848 – 0.58572 – 0.58725 —
0.59329 – 0.59245 —
63.552159168359 – 50.617589585812 —
– —
0.59389 – 1773104400

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