EUR/JPY – 1H – SELL

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

185.568 – 185.534 – 183.95 – 184.174 – 184.257 – 182.631 —
184.57900 – 184.43500 —
44.675208577056 – 45.454346670087 —
– —
185.56800 – 1768377600

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