EUR/USD – 30M – SELL

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

A continuation of the downward movement down to the next support level at 1.16546 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.17092 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Then a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.1689 – 1.17092 – 1.17201 – 1.16546 – 1.16609 – 1.1677 —
1.16862 – 1.17025 —
58.531890582921 – 53.356773340645 —
– —
1.1689 – 1777518000

Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low – – – – – – – – –