EUR/USD – 1H – SELL

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

A continuation of the downward movement down to the next support at 1.16546 will persist.

Caution: A possible change in the direction of resistance at 1.17849 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.17849 – 1.17412 – 1.17201 – 1.17149 – 1.17184 – 1.16546 —
1.17287 – 1.17159 —
42.562294158515 – 42.359369318402 —
– —
1.17849 – 1777654800

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – – – – – – – – –