EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline down.

A descending movement down to the next support level at 182.367 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 183.261 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Falling Window’ candle pattern is existing. The candles show ‘Falling Window’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

183.261 – 183.087 – 183.123 – 182.367 – 182.355 – 182.112 —
183.07700 – 183.38400 —
57.572622456957 – 67.383511645698 —
– —
183.261 – 1772785800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Falling Window – – – – – – – – –