EUR/JPY – 30M – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline down.

A bearish descent downwards to the next support level at 183.728 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 185.324 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

185.324 – 185.995 – 185.939 – 184.67 – 185.307 – 184.861 —
185.03100 – 184.49300 —
37.310209882688 – 24.151934673313 —
– —
185.324 – 1770719400

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