Sell EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 1.16721 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.16826 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.17024
2nd High 1.16984
Next High 1.16826
Current Price 1.16721
Next Low 1.16721
2nd Low 1.16586
3rd Low 1.16212

1.16826 – 1.16984 – 1.17024 – 1.16721 – 1.16725 – 1.16834 —
1.16825 – 1.16799 —
46.5659077776 – 46.642454878456 —
– —
1.16826 – 1767859200

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