EUR/USD – 1H – SELL

The currency pair Euro/US Dollar (EUR/USD) jumps from the bullish trendline down.

A bearish movement downwards to the next support level at 1.15467 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.15955 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.15955 – 1.15501 – 1.15522 – 1.15467 – 1.15112 – 1.14908 —
1.15960 – 1.16120 —
61.1581476028 – 68.392686213015 —
– —
1.15955 – 1764144000

Trading Signals: FOREX – EUR – EUR/USD – USD – Two Crows – – – – – – – – –