EUR/USD – 30M – SELL

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.17888 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.18487 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Tweezers Bottom’ candle pattern is found. The chart shows ‘Tweezers Bottom’. 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 chance of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

1.18487 – 1.17874 – 1.18235 – 1.17289 – 1.17717 – 1.17666 —
1.17397 – 1.17598 —
29.075286312479 – 45.991289024878 —
– —
1.18487 – 1776441600

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