EUR/GBP – 30M – SELL

The pair Euro/British Pound (EUR/GBP) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 0.87895 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.88283 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

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

Then a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.88283 – 0.8865 – 0.8843 – 0.87895 – 0.8792 – 0.88119 —
0.88123 – 0.88128 —
51.977592957613 – 48.379884437119 —
– —
0.88283 – 1763368200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – – – –