EUR/GBP – 30M – SELL

The currency pair Euro/British Pound (EUR/GBP) goes from the bullish trendline down.

The bearish trend down to the next support at 0.86757 is likely expected.

Caution: A possible change in the direction of resistance at 0.86996 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘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 chance of ‘Three Black Crows’ heading down is 82%.

0.86996 – 0.86977 – 0.86869 – 0.86757 – 0.86752 – 0.8672 —
0.86932 – 0.87405 —
58.752514294587 – 72.006456369799 —
– —
0.86996 – 1774926000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – – – – – – – – –