Sell GBP/USD – 30M – SELL

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.348435 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.35674 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 1.35674
Current Price 1.35204
Next Low 1.34138
2nd Low 1.34013
3rd Low 1.33633

1.35674 – 1.3548 – 1.35017 – 1.35279 – 1.34138 – 1.34336 —
1.35674 – 1.35395 —
63.689128069214 – 42.729180487037 —
1.35674 – 1767690000 —
– 1767690000

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