EUR/USD – 30M – SELL

The currency pair Euro/US Dollar (EUR/USD) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at will continue.

Caution: A possible change in the direction of the resistance level at 1.16442 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Bearish Belt Hold’ candle pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.16442 – 1.1647 – 1.16543 – 1.15584 – 1.1581 – 1.15742 —
1.16202 – 1.16178 —
59.734813147812 – 52.415361659945 —
– —
1.16442 – 1772708400

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Belt Hold – – – – – – – – –