EUR/JPY – 30M – SELL

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

A bearish trend downwards to the next support level at 184.353 will persist.

Caution: A possible change in the direction of the resistance level at 185.501 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ” indicator signal is existing. The indicator is ”. which is often a bearish chart signal. The currency pair is likely to fall.

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There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Bearish Engulfing’ candle pattern is discovered. The candles show ‘Bearish Engulfing’. this 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 probability of ‘Bearish Engulfing’ going down is 79%.

185.501 – 185.277 – 185.241 – 184.353 – 184.552 – 184.691 —
185.47200 – 185.68300 —
67.005551955481 – 70.871323528081 —
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185.501 – 1770285600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Engulfing – Double top retreat up – – – – – – – –