EUR/JPY – 1H – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline downwards

A bearish movement downwards to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 182.005 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘%K fall below 80’ indicator signal is discovered. The indicator is ‘%K fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

182.005 – 180.288 – 180.018 – 179.773 – 179.598 – 178.97 —
181.65200 – 181.10900 —
53.652661775686 – 33.814115884276 —
– —
182.00500 – 1763654400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – Double top chart pattern – – – –