EUR/USD – 30M – SELL

The currency pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 1.14655 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.15548 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

And also a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.15548 – 1.15489 – 1.15435 – 1.14902 – 1.15317 – 1.14655 —
1.15217 – 1.14806 —
46.150002257808 – 29.191218030368 —
– —
1.15548 – 1773842400

Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low – – – – – – – – –