GBP/USD – 30M – SELL

The combination British Pound/US Dollar (GBP/USD) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 1.33162 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.33378 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candle chart pattern is discovered. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.33378 – 1.33463 – 1.33615 – 1.33162 – 1.33052 – 1.33132 —
1.33262 – 1.33306 —
53.374759779692 – 55.1199267882 —
– —
1.33378 – 1765209600

Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – – – – – – – – –