EUR/JPY – 30M – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 182.355 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 183.087 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. 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’ going down is 82%.

183.087 – 183.123 – 183.223 – 182.355 – 182.112 – 182.472 —
183.00700 – 183.17700 —
60.530483310643 – 57.576887185781 —
– —
183.087 – 1772722800

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