EUR/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.156205 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.16201 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.16201 – 1.16216 – 1.16172 – 1.15967 – 1.15661 – 1.15567 —
1.16074 – 1.15981 —
46.130648465665 – 38.83938406148 —
– —
1.16201 – 1781541000

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