EUR/GBP – 1H – SELL

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.87064 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.87871 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.87871 – 0.87889 – 0.87577 – 0.87453 – 0.87064 – 0.8707 —
0.87752 – 0.87297 —
43.516823084187 – 30.983084713095 —
– —
0.87871 – 1772449200

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