EUR/JPY – 30M – SELL

The currency pair Euro/Japanese Yen (EUR/JPY) jumps from the descending trendline down.

A continuation of the downtrend down to the next support line at 182.367 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 183.384 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

183.384 – 183.261 – 183.087 – 182.367 – 182.355 – 182.112 —
182.75600 – 182.75700 —
39.306099714425 – 47.07232050455 —
– —
183.384 – 1772838000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Two Crows – – – – – – – – –