EUR/USD – 30M – SELL

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.16812412 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.17425 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency 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%.

1.17425 – 1.17284 – 1.16944 – 1.17101 – 1.16586 – 1.16719 —
1.17425 – 1.17167 —
60.995141464566 – 40.525071430492 —
1.17425 – 1767690000 —
– 1767690000

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