EUR/GBP – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Euro/British Pound (EUR/GBP) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.88251 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Then a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

Then a ‘RSI Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bearish Divergence’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.88251 – 0.88396 – 0.88391 – 0.87951 – 0.87975 – 0.87895 —
0.88251 – 0.88204 —
48.783281156355 – 52.358517850632 —
0.88251 – 1763672400 —
– 1763672400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down – Symmetrical Triangle Chart Pattern – – – –