Sell EUR/USD – 30M – SELL

There is also a ‘Double bottom chart pattern’ chart formation is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.

The pair Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

A descent downwards to the next support level at 1.14057 is certain.

Caution: A possible change in the direction of the resistance zone at 1.14473 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Tweezers Top’ candle pattern is found. The candles form ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 1.14947
2nd High 1.14569
Next High 1.14473
Current Price 1.14294
Next Low 1.14057
2nd Low 1.13726
3rd Low 1.13713

1.14393 – 1.14473 – 1.14353 – 1.14057 – 1.14153 – 1.13726

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