EUR/JPY – 30M – SELL

Additionally a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.

Additionally a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘StochRSI Hidden Bearish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Hidden Bearish Divergence’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to 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 181.5655 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 182.547 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

182.547 – 182.615 – 182.641 – 182.048 – 182.003 – 181.066 —
182.49300 – 182.16200 —
48.291473128172 – 46.284247313729 —
– —
182.54700 – 1765402200

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