EUR/JPY – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The pair Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline downwards

A bearish descent down to the next support level at 180.904 will persist.

Caution: A possible change in the direction of resistance at 181.458 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K fall below 80’ indicator signal is discovered. The indicator is ‘%K fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

181.458 – 181.261 – 180.85 – 180.904 – 180.346 – 180.093 —
181.43500 – 181.38500 —
65.783229940765 – 57.925154863507 —
– —
181.45800 – 1764176400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –