GBP/USD – 30M – SELL

The combination British Pound/US Dollar (GBP/USD) jumps from the bullish trendline down.

A bearish movement downwards to the next support at 1.34982 will continue.

Caution: A possible change in the direction of resistance at 1.35368 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.35368 – 1.34726 – 1.35179 – 1.34982 – 1.34532 – 1.34472 —
1.35341 – 1.35460 —
63.060976641159 – 64.559234104711 —
– —
1.35368 – 1777073400

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