Sell EUR/USD – 1H – SELL

Next a ‘Double top chart pattern’ chart pattern is detected. The formation shows ‘Double top chart pattern’. which is a bearish signal. The pair is likely to go down.

Next a indicator layout is found. The indicator shows ”. this is usually a bearish chart signal. The currency pair could go down.

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Next a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

Next a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.18846
2nd High 1.187
Next High 1.18571
Current Price 1.17899
Next Low 1.17651
2nd Low 1.16699
3rd Low 1.15766

1.18571 – 1.187 – 1.18846 – 1.18045 – 1.18467 – 1.18558 —
1.18382 – 1.18257 —
44.522178628264 – 33.559522877926 —
– —
1.18571 – 1771376400

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