NZD/USD – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.58269 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.58379 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.58379 – 0.58915 – 0.5891 – 0.57617 – 0.58095 – 0.57978 —
0.58464 – 0.58869 —
52.231136379348 – 61.443448807828 —
– —
0.58379 – 1774234800

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