EUR/JPY – 30M – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 183.082 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 183.572 could happen.
Consider stop-loss settings accordingly.

And also a ‘Shooting Star’ candle chart pattern is detected. The chart forms ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

183.572 – 183.766 – 183.685 – 183.082 – 182.57 – 182.761 —
183.33800 – 183.45100 —
54.232267232689 – 57.75689478233 —
– —
183.57200 – 1769623200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Shooting Star – – – – – – – – –