EUR/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 1.15841 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 1.16269 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

In addition a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.16269 – 1.16139 – 1.1617 – 1.15841 – 1.16038 – 1.16019 —
1.16024 – 1.16018 —
39.128197654243 – 43.34562904545 —
– —
1.16269 – 1768582800

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –