EUR/JPY – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 184.1595 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 184.689 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Bearish Harami’ chart pattern is existing. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

184.689 – 184.548 – 184.469 – 183.741 – 183.63 – 183.927 —
184.17000 – 184.24500 —
48.732662857438 – 50.434448383458 —
– —
184.689 – 1772436600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Harami – – – – – – – – –