EUR/JPY – 30M – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline down.

A bearish trend downwards to the next support at 185.192 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 186.201 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

185.552 – 185.468 – 185.433 – 185.192 – 185.249 – 184.653 —
185.77200 – 185.94500 —
64.925441152526 – 64.989692280697 —
– —
185.552 – 1781256600

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