EUR/GBP – 30M – SELL

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

A continuation of the downtrend downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.86282 could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Tweezers Top’ candle chart pattern is existing. The candles form ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.86282 – 0.86313 – 0.86344 – 0.86205 – 0.86023 – 0.86145 —
0.86254 – 0.86239 —
53.601849904868 – 50.988940372908 —
– —
0.86282 – 1782340200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Tweezers Top – – – – – – – – –