EUR/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support line at will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.18875 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

1.18875 – 1.18842 – 1.19269 – 1.18519 – 1.18326 – 1.18858 —
1.18881 – 1.18680 —
56.272197724634 – 44.970791689942 —
– —
1.18875 – 1770894000

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Engulfing – – – – – – – – –