EUR/USD – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The combination Euro/US Dollar (EUR/USD) moves from the bullish trendline down.

A descending movement downwards to the next support at 1.15742 will persist.

Caution: A possible change in the direction of the resistance level at 1.16442 could occur.
Consider stop-loss settings accordingly.

Then a ‘Bearish Engulfing’ candlestick pattern is detected. The chart shows ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.

1.16442 – 1.1647 – 1.16543 – 1.1581 – 1.15742 – 1.15298 —
1.16118 – 1.16087 —
47.903483641157 – 35.542804688469 —
– —
1.16442 – 1772708400

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Engulfing – Symmetrical Triangle Chart Pattern – – – – – – – –