EUR/USD – 4H – SELL

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

The bearish trend downwards to the next support line at 1.15549 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.1652 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.1652 – 1.16556 – 1.16053 – 1.15549 – 1.14908 – 1.14682 —
1.16749 – 1.16764 —
68.619055177745 – 58.650025232796 —
– —
1.16520 – 1764590400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Black Crows – – – – – – – – –