EUR/USD – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Euro/US Dollar (EUR/USD) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at 1.1571 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 1.16073 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

Moreover a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Southern Doji’ candlestick pattern is existing. The chart shows ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.16073 – 1.16533 – 1.15974 – 1.1571 – 1.15816 – 1.15626 —
1.15838 – 1.15969 —
45.394865662717 – 45.797692692067 —
– —
1.16073 – 1763485200

Trading Signals: FOREX – EUR – EUR/USD – USD – Southern Doji – Symmetrical Triangle Chart Pattern – – – –