EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 1.15069 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.15659 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.15659 – 1.1645 – 1.1667 – 1.16025 – 1.15069 – 1.15584 —
1.15237 – 1.15293 —
28.594199246764 – 36.575054003852 —
– —
1.15659 – 1773324000

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