EUR/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support level at will continue.

Caution: A possible change in the direction of the resistance line at 183.369 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Tweezers Top’ candle chart pattern is discovered. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

183.369 – 183.381 – 183.607 – 182.707 – 183.006 – 183.009 —
183.22700 – 183.13100 —
61.957912249519 – 55.8377912527 —
– —
183.36900 – 1767758400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Tweezers Top – Rising Wedge Chart Pattern – – – – – – – –