EUR/GBP – 30M – SELLAdditionally a ‘Bearish Engulfing’ candle pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83386 |
| 2nd High | 0.83314 |
| Next High | 0.83281 |
| Current Price | 0.82861 |
| Next Low | 0.82838 |
| 2nd Low | 0.82815 |
| 3rd Low | 0.82764 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Engulfing