EUR/USD – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A descent down to the next support at will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.17906 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Bearish Belt Hold’ chart pattern is existing. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.17906 – 1.18487 – 1.17874 – 1.17188 – 1.17289 – 1.17717 —
1.17480 – 1.17569 —
40.088672163191 – 46.975173382181 —
– —
1.17906 – 1776736800

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –