EUR/JPY – 1H – SELL

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

A bearish movement down to the next support line at 180.816 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 185.995 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Bearish Divergence’. Dieses ist oftmals ein bearisches signal. Das Paar wird voraussichtlich nach unten gehen.

Next a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

182.539 – 181.787 – 182.169 – 180.816 – 181.12 – 180.801 —
182.48400 – 183.15300 —
64.995871517344 – 71.376323682768 —
– —
182.539 – 1771434000

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