EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) goes from the bullish trendline down.

The bearish trend down to the next support at 1.15467 is certain.

Caution: A possible change in the direction of the resistance level at 1.16073 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Two Crows’ candlestick chart pattern is existing. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.15955 – 1.15501 – 1.15522 – 1.15467 – 1.15112 – 1.14908 —
1.15961 – 1.16059 —
61.561740277874 – 61.553020835517 —
– —
1.15955 – 1764144000

Trading Signals: FOREX – EUR – EUR/USD – USD – Two Crows – – – – – – – – –