EUR/JPY – 1H – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards

A bearish descent downwards to the next support at 183.336 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 184.276 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Tweezers Top’ candlestick chart pattern is detected. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

184.276 – 183.739 – 183.572 – 183.336 – 183.184 – 183.231 —
183.59300 – 183.95000 —
49.820688636512 – 62.936427719331 —
– —
184.276 – 1770001200

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