EUR/GBP – 4H – SELL

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.87126154 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.87227 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Bearish Harami Cross’ candlestick pattern is detected. The chart forms ‘Bearish Harami Cross’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

0.87227 – 0.87217 – 0.87402 – 0.86841 – 0.86855 – 0.86364 —
0.86905 – 0.86776 —
28.07886017699 – 40.358953188294 —
– —
0.87227 – 1776427200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Harami Cross – – – – – – – – –