EUR/USD – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

The pair Euro/US Dollar (EUR/USD) moves from the bullish trendline downwards

A bearish trend downwards to the next support line at 1.15661 is likely expected.

Caution: A possible change in the direction of the resistance level at 1.16216 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Tweezers Top’ chart pattern is existing. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.16216 – 1.16172 – 1.15891 – 1.15661 – 1.15567 – 1.15025 —
1.16082 – 1.16111 —
57.582889408057 – 59.221829563423 —
– —
1.16216 – 1781510400

Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – Rising Wedge Chart Pattern – – – – – – – –