NZD/USD – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the ascending trendline downwards

A bearish movement downwards to the next support line at 0.57045 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.57357 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candlestick chart pattern is existing. 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 success rate of a ‘Three Black Crows’ heading down is 82%.

0.57357 – 0.57585 – 0.57772 – 0.57045 – 0.57 – 0.56994 —
0.57189 – 0.57096 —
48.141943711412 – 38.035333344312 —
– —
0.57357 – 1775151000

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –