EUR/USD – 1H – SELL

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

A descending movement downwards to the next support at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.18107 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.18107 – 1.17389 – 1.17231 – 1.17716 – 1.16637 – 1.1677 —
1.18081 – 1.18044 —
63.585886149621 – 44.982315819066 —
– —
1.18107 – 1776186000

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