GBP/USD – 4H – SELL

Next a ‘Double bottom retreat down’ chart layout is existing. The chart shows ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candle pattern is found. The chart shows ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

1.32153 – 1.31907 – 1.33691 – 1.3037 – 1.30096 – 1.30963 —
1.32424 – 1.32443 —
69.713719633182 – 61.189538697556 —
– —
1.32153 – 1763049600

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – Double bottom retreat down – – – – – – – –