EUR/JPY – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 184.27693 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 184.492 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Tweezers Top’ candlestick pattern is detected. The chart forms ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

184.492 – 184.234 – 184.163 – 183.924 – 183.787 – 183.91 —
184.43000 – 184.49100 —
63.266807400592 – 60.046598555297 —
– —
184.492 – 1778247000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Tweezers Top – – – – – – – – –