EUR/USD – 30M – SELL

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

A descending movement downwards to the next support line at 1.14655 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.15432 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Current target is 1.15147808 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1.15432 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Belt Hold’ chart pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.15432 – 1.15244 – 1.14562 – 1.14655 – 1.14139 – 1.14104 —
1.15369 – 1.15398 —
59.719393659133 – 64.737633970148 —
– —
1.15432 – 1773763200

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Belt Hold – – – – – – – – –