EUR/JPY – 30M – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 184.800802 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 185.241 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Tweezers Top’ candle chart pattern is detected. The candles show ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

185.241 – 183.73 – 184.276 – 184.675 – 183.728 – 183.336 —
185.23500 – 185.21500 —
66.193633043347 – 60.132301323485 —
– —
185.241 – 1770215400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Tweezers Top – Inverse Head and Shoulder chart pattern – – – – – – – –