EUR/GBP – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.8628118 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.86418 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bearish Harami’ candlestick chart pattern is detected. The chart shows ‘Bearish Harami’. which is a negative chart scenario. The pair is likely to go down. 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).

0.86418 – 0.86476 – 0.86446 – 0.86327 – 0.8633 – 0.86252 —
0.86344 – 0.86305 —
47.891067588214 – 44.934044585591 —
– —
0.86418 – 1777971600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami – – – – – – – – –