EUR/USD – 30M – SELL

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.18929336 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 1.20257 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.20257 – 1.20821 – 1.1899 – 1.18952 – 1.185 – 1.18345 —
1.19886 – 1.19737 —
56.678726841342 – 44.448560416606 —
– —
1.20257 – 1769590800

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