Sell EUR/GBP – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.83317 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.83586 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. 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%.

Support & Resistance Price Range*
3rd High 0.84184
2nd High 0.83959
Next High 0.83586
Current Price 0.83430
Next Low 0.83093
2nd Low 0.83061
3rd Low 0.83048

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