NZD/USD – 4H – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.59287 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.59223 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.59223 – 0.59287 – 0.58731 – 0.58492 – 0.57919 – 0.5681 —
0.58925 – 0.58776 —
45.885510995511 – 44.271798178849 —
– —
0.59223 – 1776844800

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –