GBP/USD – 30M – BUY

Besides a ‘Inverse Head and Shoulder chart pattern’ chart layout is discovered. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.

Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.37523 – 1.37703 – 1.37647 – 1.37199 – 1.37162 – 1.35903

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – Inverse Head and Shoulder chart pattern