EUR/JPY – 4H – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 184.689 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

184.689 – 184.768 – 183.153 – 182.024 – 181.988 – 180.816 —
183.85800 – 183.57900 —
60.291115983769 – 51.686848925062 —
– —
184.689 – 1772424000

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