NZD/USD – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline down.

A bearish descent down to the next support at 0.56891 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.57166 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.57166 – 0.56894 – 0.569 – 0.56891 – 0.56608 – 0.56404 —
0.57184 – 0.57116 —
67.063065667009 – 56.459810795838 —
– —
0.57166 – 1783004400

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –