EUR/USD – 30M – SELL

The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 1.16212 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.1698 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Tweezers Top’ candle pattern is detected. The candles form ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.1698 – 1.16709 – 1.16604 – 1.16212 – 1.16178 – 1.16457 —
1.16641 – 1.16655 —
37.290858850744 – 49.323233348101 —
– —
1.16980 – 1768231800

Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – – – – – – – – –