EUR/USD – 30M – SELL

The currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 1.17466 will persist.

Caution: A possible counter-trend in the direction of resistance at 1.17899 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

And also a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.17899 – 1.18487 – 1.17874 – 1.17466 – 1.17289 – 1.17717 —
1.17862 – 1.17858 —
58.257901575494 – 55.897541306665 —
– —
1.17899 – 1776715200

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –