EUR/USD – 30M – SELL

Next a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.171445 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.1759 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Two Crows’ chart pattern is found. The chart shows ‘Two 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.1759 – 1.16968 – 1.17425 – 1.16837 – 1.16699 – 1.17008 —
1.17520 – 1.17435 —
62.743711606396 – 50.110804172391 —
– —
1.17590 – 1769130000

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