EUR/USD – 1H – SELL

Additionally a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 1.15069 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.15659 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.15659 – 1.1645 – 1.1667 – 1.16025 – 1.15069 – 1.15584 —
1.15111 – 1.15088 —
29.407972110027 – 30.336570264112 —
– —
1.15659 – 1773324000

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