EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 1.17651 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.18258 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.18258 – 1.18014 – 1.18214 – 1.17651 – 1.17814 – 1.17799 —
1.18154 – 1.18223 —
59.579618776045 – 64.253979654294 —
– —
1.18258 – 1770395400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –