EUR/GBP – 30M – SELL

The combination Euro/British Pound (EUR/GBP) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support at 0.86276 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.86436 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Then a ‘Southern Doji’ candlestick pattern is found. The chart shows ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.86436 – 0.86504 – 0.86447 – 0.86276 – 0.86278 – 0.86344 —
0.86426 – 0.86410 —
53.926102559505 – 50.670164131478 —
– —
0.86436 – 1773882000

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