EUR/USD – 30M – SELL

Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.154595 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.15891 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

1.15891 – 1.15894 – 1.15551 – 1.15567 – 1.15025 – 1.15253 —
1.15773 – 1.15746 —
51.211699016119 – 49.17921497035 —
– —
1.15891 – 1781265600

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