Sell EUR/JPY – 30M – SELL

Next a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 183.63 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 184.32700 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 184.689
2nd High 184.611
Next High 184.32700
Current Price 183.62400
Next Low 183.741
2nd Low 183.63
3rd Low 183.196

184.32700 – 184.611 – 184.689 – 183.741 – 183.63 – 183.927 —
184.32700 – 183.89700 —
55.968428071343 – 40.884278145097 —
184.32700 – 1772506800 —
– 1772506800

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