EUR/GBP – 1H – SELL

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

A continuation of the bearish trend down to the next support at is certain.

Caution: A possible trend reversal in the direction of resistance at 0.85738 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Hidden Bearish Divergence’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘StochOSC Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘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 chance of ‘Three Black Crows’ going down is 82%.

0.85738 – 0.86175 – 0.86238 – 0.85456 – 0.86065 – 0.86056 —
0.85680 – 0.85728 —
52.906185978728 – 53.145889066049 —
– —
0.85738 – 1783004400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –