EUR/USD – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

The currency pair Euro/US Dollar (EUR/USD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at 1.18946 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.19741 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.19741 – 1.1996 – 1.20821 – 1.18946 – 1.19057 – 1.18952 —
1.19328 – 1.19242 —
38.578937523789 – 42.455451947178 —
– —
1.19741 – 1769734800

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –