EUR/USD – 30M – SELL

The combination Euro/US Dollar (EUR/USD) goes from the bullish trendline downwards

The bearish trend down to the next support line at 1.15237 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.15752 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Tweezers Top’ chart pattern is existing. The candles form ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.15752 – 1.15712 – 1.15684 – 1.15237 – 1.15338 – 1.15048 —
1.15564 – 1.15830 —
55.598290437473 – 67.289309635599 —
– —
1.15752 – 1775561400

Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – – – – – – – – –