EUR/JPY – 30M – SELL

The combination Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 183.16 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 184.031 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

184.031 – 184.402 – 184.451 – 183.16 – 182.788 – 182.637 —
183.81100 – 183.83400 —
46.234338322758 – 49.291592340281 —
– —
184.031 – 1777908600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Engulfing – – – – – – – – –