EUR/USD – 1H – SELL

The combination Euro/US Dollar (EUR/USD) jumps from the bullish trendline down.

A descent down to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.17906 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Two Crows’ candlestick chart pattern is existing. The chart forms ‘Two Crows’. this 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.17906 – 1.18487 – 1.17874 – 1.17289 – 1.17717 – 1.17666 —
1.17711 – 1.17530 —
45.141091134694 – 39.343844306597 —
– —
1.17906 – 1776736800

Trading Signals: FOREX – EUR – EUR/USD – USD – Two Crows – – – – – – – – –