EUR/USD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.168928 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 1.17541 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.17541 – 1.17644 – 1.17589 – 1.16586 – 1.17129 – 1.17197 —
1.16749 – 1.17283 —
34.145817241736 – 60.596019235844 —
1.16586 – 1767625200 —
1.17541 – 1767376800

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