Sell GBP/USD – 4H – SELL

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Then a ‘Falling Window’ candlestick chart pattern is discovered. The candles form ‘Falling Window’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

Support & Resistance Price Range*
3rd High 1.37327
2nd High 1.37116
Next High 1.35748
Current Price 1.33048
Next Low
2nd Low
3rd Low

1.35748 – 1.37116 – 1.37 – 1.32528 – 1.34337 – 1.359 —
1.33734 – 1.34092 —
43.616581648117 – 52.712871480162 —
– —
1.35748 – 1772078400

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