EUR/GBP – 30M – BUY

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.86646694 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.86789 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Advance Block’ candlestick chart pattern is discovered. The chart forms ‘Advance Block’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).

0.86789 – 0.86792 – 0.86786 – 0.86303 – 0.86524 – 0.86143 —
0.86469 – 0.86462 —
44.720686061097 – 43.891064429537 —
– —
0.86789 – 1774260000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Advance Block – – – – – – – – –