EUR/JPY – 1H – SELL

And also a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 184.912758 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 185.534 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

185.534 – 183.95 – 183.246 – 184.257 – 182.631 – 182.707 —
185.30500 – 185.50200 —
57.341251396989 – 64.45655206615 —
– —
185.53400 – 1768298400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Two Crows – – – – – – – – –