EUR/USD – 30M – SELLThe currency pair Euro/US Dollar (EUR/USD) jumps from the bullish trendline downwards
A descending movement downwards to the next support line at 1.16875 will continue.
Caution: A possible change in the direction of the resistance zone at 1.17383 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.171705 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.17383 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Die Kombination Euro/US Dollar (EUR/USD) läuft von der bulligen Trendlinie abwärts
Ein bäriger Abstieg abwärts zur nächsten Unterstützung bei 1.16875 ist sicher.
Vorsicht: Eine Trendumkehr in Richtung des Widerstands bei 1.17383 könnte ermöglicht werden.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
Zudem gibt es ein ‘Resistance Level’ Indikator . Der Indikator zeigt ‘Resistance Level’. In der Regel bedeutet das ein negatives Chart Szenario. Das Paar tendiert eventuell nach unten.
Eine Korrektur des großen bulligen Trends durchbrach das Fibonacci 0.24-Level.Eine Fortsetzung des aktuell absteigenden Trends ist sicher. Ziel des derzeitigen Trends ist 1.171705 am Fibonacci Level 0.5-Level. Vorsicht: Eine Trendumkehr in Richtung der Supportlinie bei 1.17383 könnte ermöglicht werden.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
Zudem gibt es ein ‘Three Outside Down’ Candlestick Chart Muster . Die Kerzen formieren ‘Three Outside Down’. Das bedeutet ein negatives Signal Muster. Das Paar wird voraussichtlich nach unten gehen. Nach der Enzyklopädie der Candlestick Charts von Thomas N. Bulkowski, ist die Möglichkeit, dass ‘Three Outside Down’ nach unten fällt ist 69% (Bull Market) & 70% (Bear Market).
The combination Euro/US Dollar (EUR/USD) goes from the bullish trendline down.
A descent downwards to the next support at 1.16875 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.17383 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.171705 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 1.17383 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.17536 |
| Next High | 1.17383 |
| Current Price | 1.17198 |
| Next Low | 1.16875 |
| 2nd Low | 1.16831 |
| 3rd Low | 1.16805 |
1.17383 – 1.17536 – 1.17267 – 1.16875 – 1.16831 – 1.16805
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down –