EUR/USD – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish trend down to the next support level at 1.15967 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.16216 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ heading down is 82%.

1.16216 – 1.16172 – 1.15891 – 1.15967 – 1.15661 – 1.15567 —
1.16175 – 1.16047 —
63.941224214573 – 47.571441289525 —
– —
1.16216 – 1781510400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –