EUR/GBP – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.8628118 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.86476 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.86476 – 0.86446 – 0.86363 – 0.86327 – 0.8633 – 0.86252 —
0.86409 – 0.86357 —
54.737242696095 – 36.016862270406 —
– —
0.86476 – 1777921200

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