EUR/USD – 1H – SELL

There is also a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.152945 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.15827 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Tweezers Top’ chart pattern is discovered. The chart forms ‘Tweezers Top’. 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 probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.15827 – 1.15907 – 1.15525 – 1.15413 – 1.15292 – 1.14682 —
1.15753 – 1.15627 —
56.73770861144 – 51.940577179478 —
– —
1.15827 – 1762768800

Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – – – –