NZD/USD – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.5626 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 0.5661 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.5661 – 0.56575 – 0.56732 – 0.5626 – 0.56333 – 0.56333 —
0.56551 – 0.56453 —
55.077354270733 – 41.097180967612 —
– —
0.5661 – 1782414000

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