EUR/GBP – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.86357 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.86486 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Falling Window’ candle pattern is found. The chart forms ‘Falling Window’. 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 ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

0.86486 – 0.86487 – 0.86389 – 0.86273 – 0.86227 – 0.86327 —
0.86484 – 0.86427 —
64.753206777366 – 54.055295931975 —
– —
0.86486 – 1778094000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Falling Window – – – – – – – – –