EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 1.15927 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 1.16613 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.16613 – 1.16773 – 1.1698 – 1.15927 – 1.16337 – 1.16178 —
1.16024 – 1.16375 —
36.124102581892 – 62.281773314262 —
– —
1.16613 – 1768413600

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –