EUR/JPY – 30M – SELL

Moreover a ‘StochOSC Hidden Bearish Divergence’ indicator layout is discovered. The indicator is ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bearisches signal. Die Paarung wird wahrscheinlich fallen.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 182.296 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 183.645 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

183.645 – 183.61 – 183.683 – 182.296 – 183.253 – 183.215 —
182.78800 – 182.71300 —
33.977826586034 – 40.387938006262 —
– —
183.645 – 1773387000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Down – – – – – – – – –