EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 1.14682 is expected.

Caution: A possible trend reversal in the direction of resistance at 1.15293 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick chart pattern is found. 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 probability of ‘Three Black Crows’ going down is 82%.

1.15293 – 1.15659 – 1.1645 – 1.15097 – 1.15313 – 1.16025 —
1.15219 – 1.15061 —
43.036828232102 – 32.011821767872 —
– —
1.15293 – 1773374400

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