EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) moves from the ascending trendline down.

A descent down to the next support at 1.15811 will continue.

Caution: A possible trend reversal in the direction of resistance at 1.16071 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. 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).

1.16071 – 1.16017 – 1.1601 – 1.15811 – 1.15762 – 1.15467 —
1.16007 – 1.16035 —
57.864375697325 – 58.499863887474 —
– —
1.16071 – 1764351000

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