EUR/USD – 1H – SELL

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

A bearish trend down to the next support line at 1.15908 is certain.

Caution: A possible change in the direction of the resistance line at 1.1652 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.1652 – 1.16017 – 1.16132 – 1.15908 – 1.1589 – 1.15549 —
1.16433 – 1.16690 —
70.769011190104 – 77.085520522875 —
– —
1.16520 – 1764601200

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