EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline down.

A bearish trend down to the next support level at 182.652 will persist.

Caution: A possible change in the direction of resistance at 183.319 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

183.319 – 183.384 – 183.261 – 182.652 – 182.398 – 182.367 —
183.40600 – 183.63000 —
59.638284393636 – 66.295698169814 —
– —
183.319 – 1773048600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Two Crows – – – – – – – – –