EUR/JPY – 1H – SELL

The combination Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline down.

The bearish trend downwards to the next support level at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 186.232 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

186.232 – 185.501 – 184.276 – 184.861 – 184.353 – 184.675 —
185.80100 – 185.56000 —
51.175380033325 – 37.037697686864 —
– —
186.232 – 1770598800

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