EUR/GBP – 30M – SELL

The currency pair Euro/British Pound (EUR/GBP) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 0.87213 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.87413 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.87413 – 0.87535 – 0.88012 – 0.87213 – 0.87383 – 0.87367 —
0.87408 – 0.87365 —
54.896191200572 – 43.109795882465 —
– —
0.87413 – 1764901800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – Double top chart pattern – – – – – – – –