NZD/USD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.588895 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.58825 could happen.
Consider stop-loss settings accordingly.

Then a ‘Bearish SBS White Lines’ chart pattern is found. The chart shows ‘Bearish SBS White Lines’. 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 probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.58825 – 0.59287 – 0.58983 – 0.58492 – 0.58794 – 0.58818 —
0.58806 – 0.58743 —
47.592028140296 – 40.974130275574 —
– —
0.58825 – 1776666600

Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish SBS White Lines – – – – – – – – –