EUR/JPY – 1H – SELL

The combination Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline down.

A descent downwards to the next support at 184.802 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 185.536 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Tweezers Top’ candle pattern is existing. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

185.536 – 184.63 – 185.568 – 184.802 – 184.818 – 182.715 —
186.36100 – 185.93700 —
71.461090152531 – 50.167516306151 —
– —
185.53600 – 1768960800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Tweezers Top – – – – – – – – –