EUR/JPY – 4H – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards

A descent downwards to the next support level at 184.653 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 187.554 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

And also a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

185.568 – 186.201 – 186.2 – 184.653 – 183.986 – 185.118 —
185.89500 – 186.26300 —
55.353126662788 – 58.697486566973 —
– —
185.568 – 1781107200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – – – – – – – – –