EUR/JPY – 1H – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 182.637 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 184.402 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

184.402 – 184.583 – 187.554 – 182.637 – 182.282 – 186.675 —
184.10300 – 184.02300 —
45.591771667483 – 47.449120857908 —
– —
184.402 – 1777874400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Black Crows – – – – – – – – –