EUR/JPY – 30M – SELL

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

A bearish trend down to the next support at 185.207 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 185.859 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

185.617 – 185.49 – 184.993 – 185.207 – 185.169 – 184.794 —
185.46900 – 186.00000 —
57.667818110475 – 77.777963760337 —
– —
185.617 – 1784104200

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