EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.16724 will persist.

Caution: A possible change in the direction of resistance at 1.17266 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Bearish Belt Hold’ candle pattern is discovered. The candles form ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

1.17266 – 1.17545 – 1.1689 – 1.16936 – 1.16724 – 1.16687 —
1.17004 – 1.16954 —
33.032010538733 – 36.593576243829 —
– —
1.17266 – 1777345200

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Belt Hold – – – – – – – – –