EUR/GBP – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 0.83224 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.84919 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.84919 – 0.85218 – 0.85218 – 0.84581 – 0.84955 – 0.84616

Download EUR/GBP Signal Image

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