Sell GBP/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.351145 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.35757 could happen.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency 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 1.36613
2nd High 1.35989
Next High 1.35757
Current Price 1.35355
Next Low 1.34982
2nd Low 1.34532
3rd Low 1.34472

1.35757 – 1.35368 – 1.34726 – 1.34982 – 1.34532 – 1.34472 —
1.35685 – 1.35553 —
54.099188161595 – 53.368522372568 —
– —
1.35757 – 1777302000

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