EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) goes from the bullish trendline down.

A descending movement downwards to the next support level at 1.14427 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 1.15659 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.15548 – 1.15468 – 1.15244 – 1.14427 – 1.14495 – 1.14655 —
1.15268 – 1.15888 —
61.992117789928 – 76.127585553971 —
– —
1.15548 – 1773842400

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