Sell EUR/USD – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The combination Euro/US Dollar (EUR/USD) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support at 1.16936 will continue.

Caution: A possible change in the direction of the resistance zone at 1.17266 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1.17622
2nd High 1.17545
Next High 1.17266
Current Price 1.16949
Next Low 1.16936
2nd Low 1.16724
3rd Low 1.16687

1.17266 – 1.17545 – 1.1689 – 1.16936 – 1.16724 – 1.16687 —
1.17160 – 1.17073 —
38.924576004167 – 44.727164993302 —
– —
1.17266 – 1777345200

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