EUR/GBP – 30M – SELL

The combination Euro/British Pound (EUR/GBP) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 0.88069 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.8865 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.88233 – 0.88177 – 0.88283 – 0.88069 – 0.87975 – 0.88044 —
0.88189 – 0.88316 —
55.10635949715 – 69.468446867827 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Two Crows – Double top chart pattern – – – –