EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) moves from the ascending trendline downwards

A descending movement downwards to the next support level at will continue.

Caution: A possible trend reversal in the direction of resistance at 1.19185 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.19185 – 1.1774 – 1.17413 – 1.17159 – 1.1701 – 1.16595 — 32.467928899839 – 31.072394559664 — 16.168691077814 – 5.5176286313799 – 21.899597088 – 14.194028233393

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – – –