EUR/JPY – 4H – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 182.024 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 184.689 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ candlestick chart pattern is detected. The candles form ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

184.689 – 184.768 – 183.153 – 182.024 – 181.988 – 180.816 —
183.71700 – 183.97000 —
57.812285643307 – 59.142937561388 —
– —
184.689 – 1772424000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Two Crows – – – – – – – – –