EUR/GBP – 30M – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.86357 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.86486 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Harami’ candlestick chart pattern is discovered. The chart shows ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.86486 – 0.86487 – 0.86389 – 0.86334 – 0.86273 – 0.86227 —
0.86433 – 0.86424 —
55.449565828725 – 49.310768632971 —
– —
0.86486 – 1778094000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami – – – – – – – – –