GBP/USD – 30M – SELL

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.3393 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 1.3457 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

1.3457 – 1.34804 – 1.3483 – 1.3393 – 1.341 – 1.343 —
1.34134 – 1.34181 —
43.797859984375 – 47.30849291866 —
– —
1.3457 – 1773214200

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – – – – – – – – –