EUR/JPY – 1H – SELL

Then a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 182.715 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 186.869 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

186.869 – 185.536 – 184.63 – 184.802 – 184.818 – 182.715 —
184.08600 – 182.90000 —
26.372603950596 – 24.378861439469 —
– —
186.86900 – 1769158800

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