EUR/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 1.18952 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.19721 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.19721 – 1.1996 – 1.20257 – 1.18952 – 1.185 – 1.18345 —
1.19576 – 1.19739 —
48.253927744761 – 58.052457819211 —
– —
1.19721 – 1769706000

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