EUR/USD – 30M – SELL

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

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.13675 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.13675 – 1.13832 – 1.14388 – 1.13471 – 1.13241 – 1.13755 —
1.13651 – 1.13646 —
57.731290958435 – 53.302559132731 —
– —
1.13675 – 1782329400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Down – – – – – – – – –