EUR/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.14518 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

1.14518 – 1.14478 – 1.14759 – 1.1424 – 1.14341 – 1.14308 —
1.14350 – 1.14421 —
43.886158020116 – 52.606521996336 —
– —
1.14518 – 1784280600

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