Sell EUR/GBP – 4H – SELL

Besides a ‘Double bottom retreat down’ chart formation is found. The chart forms ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.

Besides a ‘Bearish Harami’ candlestick pattern is found. The chart shows ‘Bearish Harami’. 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 probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.88012
2nd High 0.87964
Next High 0.87512
Current Price 0.87460
Next Low 0.87246
2nd Low 0.86856
3rd Low 0.86824

0.87512 – 0.87487 – 0.8721 – 0.87246 – 0.86856 – 0.86824 —
0.87312 – 0.87225 —
43.100613364468 – 48.163175547797 —
– —
0.87512 – 1771516800

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