EUR/GBP – 30M – SELL

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

A continuation of the downward movement down to the next support level at will continue.

Caution: A possible change in the direction of resistance at 0.85738 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Tweezers Top’ chart pattern is found. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. 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).

0.85738 – 0.86175 – 0.86238 – 0.85456 – 0.85635 – 0.85654 —
0.85669 – 0.85655 —
54.766279433944 – 51.85426297898 —
– —
0.85738 – 1783006200

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