EUR/JPY – 30M – SELL

The combination Euro/Japanese Yen (EUR/JPY) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 180.85 could happen.
Consider stop-loss settings accordingly.

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

There is also a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Falling Window’ candle chart pattern is detected. The candles form ‘Falling Window’. 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 ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

180.85 – 180.854 – 181.652 – 180.093 – 180.648 – 179.765 —
180.57700 – 180.59600 —
52.834064475772 – 54.484147186236 —
– —
180.85000 – 1764081000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Falling Window – – – – – – – – –