EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 170.96400 is certain.

Caution: A possible change in the direction of resistance at 172.19800 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish 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’ going down is 82%.

172.19800 – 172.59800 – 170.32900 – 170.96400 – 169.86900 – 169.84900 — 52.245853761474 – 42.991339877792 — 13.128800442233 – 0 – 33.628816122764 – 13.635526073337

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – Triple top chart pattern – –