EUR/JPY – 1H – SELL

In addition a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 182.715 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 186.869 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

186.869 – 185.536 – 184.63 – 184.802 – 184.818 – 182.715 —
185.51000 – 184.08600 —
26.913891911206 – 26.372603803432 —
– —
186.86900 – 1769158800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – – – – – – – – –