EUR/USD – 30M – SELL

Besides a ‘Double top chart pattern’ chart formation is discovered. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Euro/US Dollar (EUR/USD) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 1.18326 will persist.

Caution: A possible change in the direction of the resistance level at 1.18494 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.18494 – 1.187 – 1.18846 – 1.18458 – 1.18585 – 1.18473 —
1.18278 – 1.18479 —
31.87157549808 – 61.117876503281 —
– —
1.18494 – 1771327800

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