The currency pair Euro/US Dollar (EUR/USD) moves from the bullish trendline down.
A descending movement downwards to the next support at 1.16897 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.17450 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Die Kombination Euro/US Dollar (EUR/USD) tendiert von der aufsteigenden Trendline abwärts
Der bärige Trend nach unten zur nächsten Unterstützungslinie bei 1.16897 gilt als sicher.
Vorsicht: Ein Gegentrend in die Richtung der Widerstand-Zone bei 1.17450 sollte beachtet werden.
Stop-Loss Einstellungen entsprechend berücksichtigen.
Außerdem gibt es ein ‘Three Black Crows’ Candlestick Chart Muster . Die Candlesticks zeigen ‘Three Black Crows’. Dieses ist ein bearisches Chart Signal. Das Paar tendiert nach unten. Nach der Enzyklopädie der Candlestick Charts von Thomas N. Bulkowski, ist die Chance, dass ‘Three Black Crows’ nach unten fällt ist 82%.
The currency pair Euro/US Dollar (EUR/USD) moves from the ascending trendline down.
A bearish descent down to the next support level at 1.16897 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.17450 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.17450 |
Current Price | 1.17046 |
Next Low | 1.16897 |
2nd Low | 1.15896 |
3rd Low | 1.15818 |
1.17450 – 1.16313 – 1.16413 – 1.16897 – 1.15896 – 1.16040
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows –