EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

A bearish trend downwards to the next support level at 1.14057 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 1.14434 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ candle chart pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.14434 – 1.14622 – 1.14454 – 1.14057 – 1.14156 – 1.13837 —
1.14391 – 1.14742 —
57.988269906881 – 70.375263344293 —
– —
1.14434 – 1784106000

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –