EUR/USD – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A bearish trend downwards to the next support at will persist.

Caution: A possible trend reversal in the direction of resistance at 1.18294 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.18294 – 1.18073 – 1.17504 – 1.17672 – 1.17074 – 1.17113

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