EUR/USD – 1H – SELL

And also a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 1.15407 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.15969 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.15969 – 1.16073 – 1.16533 – 1.1571 – 1.15816 – 1.15626 —
1.15226 – 1.15365 —
35.514418472598 – 46.223175712583 —
– —
1.15969 – 1763542800

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – –