Sell EUR/USD – 30M – SELL

Furthermore a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.15129304 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 1.15522 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 1.15969
2nd High 1.15905
Next High 1.15522
Current Price 1.15220
Next Low 1.15014
2nd Low 1.15008
3rd Low 1.14682

1.15203 – 1.15522 – 1.15496 – 1.15014 – 1.15231 – 1.15008 —
1.15086 – 1.15214 —
45.561812592953 – 58.967568881511 —
– —
1.15203 – 1763766000

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