EUR/GBP – 30M – SELL

Besides a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.87577 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.87577 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.87577 – 0.87304 – 0.87312 – 0.87141 – 0.87064 – 0.87071 —
0.87560 – 0.87476 —
73.114201316498 – 62.708331005841 —
– —
0.87577 – 1772136000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – – – – – – – –