EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.19282 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

1.19282 – 1.19194 – 1.19166 – 1.18858 – 1.18863 – 1.18881 —
1.19195 – 1.18999 —
59.101811844812 – 22.238828477478 —
– —
1.19282 – 1770741000

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Engulfing – – – – – – – – –