EUR/JPY – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 182.807 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 183.643 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

183.643 – 184.061 – 184.422 – 182.807 – 183.709 – 183.534 —
183.09600 – 183.24000 —
39.830207169356 – 46.358856290879 —
– —
183.64300 – 1767664800

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