Sell EUR/USD – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.15384436 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.1621 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.16543
2nd High 1.1647
Next High 1.1621
Current Price 1.15761
Next Low 1.15069
2nd Low 1.14908
3rd Low 1.14682

1.1621 – 1.16209 – 1.1647 – 1.15069 – 1.15584 – 1.15298 —
1.15726 – 1.15989 —
48.441889689103 – 56.321720579188 —
– —
1.1621 – 1772827200

Trading Signals:

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