EUR/GBP – 30M – SELL

The pair Euro/British Pound (EUR/GBP) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible change in the direction of the resistance level at 0.86761 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

Then a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.

Then a ‘Two Crows’ candle pattern is existing. The candles form ‘Two 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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.86761 – 0.86776 – 0.86793 – 0.86631 – 0.86601 – 0.86526 —
0.86827 – 0.86713 —
58.336238932843 – 42.379951430073 —
– —
0.86761 – 1768582800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Two Crows – – – – – – – – –