NZD/USD – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.5626 is certain.

Caution: A possible change in the direction of the resistance line at 0.5661 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.5661 – 0.56575 – 0.57352 – 0.5626 – 0.56333 – 0.56305 —
0.56569 – 0.56498 —
58.202094072819 – 44.552803146736 —
– —
0.5661 – 1782414000

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