EUR/USD – 30M – SELL

The pair Euro/US Dollar (EUR/USD) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support at 1.15237 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 1.15712 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘3 Stars In The South’ candle chart pattern is found. The candles show ‘3 Stars In The South’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘3 Stars In The South’ going up is 86% (Bull Market) & 100% (Bear Market).

1.15712 – 1.15684 – 1.15288 – 1.15237 – 1.15338 – 1.15048 —
1.15451 – 1.15634 —
58.949524920934 – 56.55273679566 —
– —
1.15712 – 1775496600

Trading Signals: FOREX – EUR – EUR/USD – USD – 3 Stars In The South – – – – – – – – –