EUR/JPY – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 183.862 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 184.653 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Tweezers Top’ candlestick chart pattern is found. The candles form ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

184.653 – 184.471 – 184.599 – 183.862 – 183.864 – 183.967 —
184.51500 – 184.05500 —
57.276853402621 – 40.793259198557 —
– —
184.653 – 1774638000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Tweezers Top – – – – – – – – –