EUR/JPY – 30M – SELL

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

A descending movement downwards to the next support line at 180.796 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 181.455 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Tweezers Top’ chart pattern is detected. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

181.455 – 181.286 – 181.355 – 180.796 – 180.754 – 180.4 —
181.16000 – 181.22600 —
49.970289938811 – 56.707725558763 —
– —
181.45500 – 1764775800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Tweezers Top – – – – – – – – –