Sell EUR/GBP – 30M – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.87871
2nd High 0.87389
Next High 0.87121
Current Price 0.87021
Next Low
2nd Low
3rd Low

0.87121 – 0.87389 – 0.87871 – 0.86852 – 0.86863 – 0.87124 —
0.87094 – 0.87071 —
58.413726793828 – 53.283887240547 —
– —
0.87121 – 1772611200

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