EUR/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support line at 180.189 is certain.

Caution: A possible change in the direction of resistance at 181.268 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

181.268 – 181.515 – 181.306 – 180.189 – 180.523 – 180.832 —
180.63800 – 180.41500 —
48.856527015467 – 40.352157392822 —
– —
181.26800 – 1764360000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – – – – – – – – –