EUR/USD – 30M – SELL

The currency pair Euro/US Dollar (EUR/USD) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 1.1676 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.17385 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Three Line Strike – Bearish’ candle pattern is discovered. The candles form ‘Three Line Strike – Bearish’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

1.17385 – 1.17849 – 1.17412 – 1.1676 – 1.16805 – 1.16885 —
1.16943 – 1.17102 —
49.190173173396 – 61.980926727822 —
– —
1.17385 – 1777876200

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Line Strike – Bearish – – – – – – – – –