EUR/GBP – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.86662 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.87206 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.87206 – 0.8636 – 0.86734 – 0.86118 – 0.86192 – 0.86409 —
0.87059 – 0.87021 —
66.681699573447 – 58.806156574081 —
– —
0.87206 – 1770310800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – – – – – – – – –