Bearish Engulfing

Bearish Engulfing

Sell GBP/JPY – 1H – SELL

(1 month ago)

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline down.

A bearish trend down to the next support at 193.56200 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 198.43800 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 196 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 198.43800 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 199.55300
2nd High 198.45500
Next High 198.43800
Current Price 196.69300
Next Low 193.56200
2nd Low 192.87700
3rd Low 191.73000

Download GBP/JPY Signal Image

Trading Signals: – – – –

Sell SOL/BTC – 30M – SELL

(1 month ago)

The pair Solana/Bitcoin (SOL/BTC) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.002512400 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002562900 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Bearish Engulfing’ candle chart pattern is existing. The candles form ‘Bearish Engulfing’. this is a bearish 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 ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.002707000
2nd High 0.002693600
Next High 0.002562900
Current Price 0.002526800
Next Low 0.002512400
2nd Low 0.002356800
3rd Low 0.002334200

Download SOL/BTC Signal Image

Trading Signals: – – – –

Sell XRP/USDT – 30M – SELL

(1 month ago)

The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.

A descent down to the next support line at 1.055600000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 1.123000000 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1.1157 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 1.123000000 could happen.
Consider stop-loss settings accordingly.

Next a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 1.175800000
2nd High 1.148000000
Next High 1.123000000
Current Price 1.120000000
Next Low 1.055600000
2nd Low 1.031500000
3rd Low 1.002600000

Download XRP/USDT Signal Image

Trading Signals: – – – –

Sell PEPE/USDT – 1H – SELL

(1 month ago)

The pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline downwards

A bearish trend down to the next support line at 0.000018710 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000021220 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000024000
2nd High 0.000022770
Next High 0.000021220
Current Price 0.000019780
Next Low 0.000018710
2nd Low 0.000012340
3rd Low 0.000011410

Download PEPE/USDT Signal Image

Trading Signals: – – – –

Sell GBP/JPY – 1H – SELL

(1 month ago)

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 196 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 198.43800 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bearish Engulfing’ candle pattern is discovered. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 199.55300
2nd High 198.45500
Next High 198.43800
Current Price 197.16800
Next Low 193.56200
2nd Low 192.87700
3rd Low 191.73000

Download GBP/JPY Signal Image

Trading Signals: – – – –

Sell PEPE/USDT – 1H – SELL

(1 month ago)

The currency pair Pepe/Tether (PEPE/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support line at 0.000018800 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000021220 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000024000
2nd High 0.000022770
Next High 0.000021220
Current Price 0.000020060
Next Low 0.000018800
2nd Low 0.000012340
3rd Low 0.000011410

Download PEPE/USDT Signal Image

Trading Signals: – – – –

Sell EUR/GBP – 1H – SELL

(1 month ago)

The pair Euro/British Pound (EUR/GBP) goes from the ascending trendline downwards

The bearish trend down to the next support at 0.83316 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.83752 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Bearish Engulfing’ candle 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 likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.84184
2nd High 0.83959
Next High 0.83752
Current Price 0.83312
Next Low 0.83316
2nd Low 0.83229
3rd Low 0.83093

Download EUR/GBP Signal Image

Trading Signals: – – – –

Sell EUR/AUD – 30M – SELL

(1 month ago)

The pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 1.62081 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.62364 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 1.62998
2nd High 1.62792
Next High 1.62364
Current Price 1.62133
Next Low 1.62081
2nd Low 1.62029
3rd Low 1.61911

Download EUR/AUD Signal Image

Trading Signals: – – – –

Sell XRP/USDT – 1H – SELL

(1 month ago)

The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.

A descending movement downwards to the next support line at 1.068800000 is expected.

Caution: A possible trend reversal in the direction of resistance at 1.186500000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bearish Engulfing’ candlestick pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 1.269800000
Next High 1.186500000
Current Price 1.081400000
Next Low 1.068800000
2nd Low 1.031500000
3rd Low 1.002600000

Download XRP/USDT Signal Image

Trading Signals: – – – –

Sell XRP/USDT – 30M – SELL

(1 month ago)

The combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support level at 1.068800000 will persist.

Caution: A possible change in the direction of the resistance zone at 1.117200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Engulfing’ candle chart pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 1.148000000
2nd High 1.123000000
Next High 1.117200000
Current Price 1.081400000
Next Low 1.068800000
2nd Low 1.031500000
3rd Low 1.002600000

Download XRP/USDT Signal Image

Trading Signals: – – – –

Sell EUR/USD – 1H – SELL

(1 month ago)

The currency pair Euro/US Dollar (EUR/USD) jumps from the descending trendline down.

A continuation of the downward movement down to the next support at 1.05232 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.06070 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 1.06628
2nd High 1.06542
Next High 1.06070
Current Price 1.05782
Next Low 1.05232
2nd Low 1.05159
3rd Low 1.04961

Download EUR/USD Signal Image

Trading Signals: – – – –

Sell EUR/AUD – 1H – SELL

(1 month ago)

The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 1.62029 is certain.

Caution: A possible change in the direction of the resistance level at 1.62792 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 1.64969
2nd High 1.63611
Next High 1.62792
Current Price 1.62224
Next Low 1.62029
2nd Low 1.61829
3rd Low 1.61620

Download EUR/AUD Signal Image

Trading Signals: – – – –

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