EUR/JPY – 1H – SELL

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

A descent downwards to the next support at 182.367 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 184.689 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Then a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

183.384 – 183.261 – 183.087 – 182.367 – 182.112 – 182.372 —
183.35700 – 183.53200 —
57.619930883517 – 58.2422038856 —
– —
183.384 – 1772838000

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