EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the bullish trendline down.
A descent downwards to the next support line at 1.17074 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.18073 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
Das Währungspaar Euro/US Dollar (EUR/USD) läuft von der aufsteigenden Trendline abwärts
Der bärige Trend nach unten zur nächsten Unterstützung bei 1.17074 ist sicher.
Vorsicht: Eine Kursänderung in Richtung der Widerstand-Zone bei 1.18073 könnte ermöglicht werden.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.
Darüber hinaus gibt es ein ‘Three Outside Down’ Candlestick Muster . Die Candlesticks zeigen ‘Three Outside Down’. Dieses ist ein bearisches Signal Muster. Das Paar wird voraussichtlich nach unten gehen. Nach der Enzyklopädie der Candlestick Charts von Thomas N. Bulkowski, ist die Wahrscheinlichkeit, dass ‘Three Outside Down’ nach unten geht ist 69% (Bull Market) & 70% (Bear Market).
The currency pair Euro/US Dollar (EUR/USD) moves from the bullish trendline down.
A bearish descent down to the next support at 1.17074 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.18073 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish pattern 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.18073 |
| Current Price | 1.18076 |
| Next Low | 1.17074 |
| 2nd Low | 1.16875 |
| 3rd Low | 1.16831 |
1.18073 – 1.17504 – 1.17383 – 1.17074 – 1.17113 – 1.16875
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down –