EUR/JPY – 30M – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 180.523 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 181.268 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Additionally a ‘%K fall below 80’ indicator signal is detected. The indicator shows ‘%K fall below 80’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. 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 – 180.523 – 180.832 – 180.751 —
181.14400 – 181.16000 —
57.463568158906 – 46.627834477007 —
– —
181.26800 – 1764360000

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