EUR/JPY – 30M – SELL

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

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

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 185.065768 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 185.534 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

185.534 – 184.661 – 183.246 – 185.064 – 184.257 – 183.644 —
185.34000 – 185.54700 —
55.086772272603 – 62.320411979202 —
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185.53400 – 1768300200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Two Crows – – – – – – – – –