GBP/USD – 4H – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.38686 – 1.34911 – 1.34944 – 1.34008 – 1.33383 – 1.33893 —
1.37055 – 1.36936 —
44.094387186459 – 46.986501455628 —
– —
1.38686 – 1769544000

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Outside Down – – – – – – – – –