EUR/GBP – 1H – SELL

The pair Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support at 0.86531 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.86777 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.86777 – 0.86783 – 0.87197 – 0.86531 – 0.86636 – 0.87002 —
0.86751 – 0.86743 —
50.591246537449 – 45.99462528666 —
– —
0.86777 – 1776992400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –