EUR/JPY – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline downwards

A descent down to the next support at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 183.739 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

Next a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

183.739 – 183.572 – 183.766 – 182.079 – 182.57 – 182.099 —
183.72300 – 184.02600 —
61.814425992911 – 49.153074568557 —
– —
183.73900 – 1769677200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –