EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance line at 1.1698 could occur.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.1698 – 1.16709 – 1.16604 – 1.16535 – 1.16212 – 1.16178 —
1.16699 – 1.16729 —
51.096527402825 – 53.948942090626 —
– —
1.16980 – 1768231800

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –