EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at 1.15253 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.15727 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Tweezers Top’ candlestick chart pattern is discovered. The candles show ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.15727 – 1.15777 – 1.15544 – 1.15253 – 1.15341 – 1.15326 —
1.15554 – 1.15500 —
61.016395004895 – 53.666089747419 —
– —
1.15727 – 1781109000

Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – – – – – – – – –