EUR/GBP – 1H – SELL

The combination Euro/British Pound (EUR/GBP) goes from the bullish trendline downwards

The bearish trend down to the next support at 0.87975 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.88233 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.88233 – 0.8865 – 0.88379 – 0.87975 – 0.87895 – 0.88119 —
0.88166 – 0.88302 —
55.082600847928 – 63.030056850999 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – Double bottom chart pattern – – – –