Since the trend moves below the 200EMA this shows that the pai will trend down for couple of the coming days. A good chance of 300pips coming. the candles will retest the 200EMA or The 50EMA which will confirm this downtrend.
Since the candles go below the 200EMA which indicates the market direction, this show that EURGBP will fall. this trade will be Valid when the 9 EMA moves below the 200 EMA.
Although the candles are below the 200EMA this show downtrend and when ever the candles breakout that Little Uptrend support, there it will start to go down. A good chance to Sell. Wait until that breakout.
EURJPY was a downtrend for a couple of days. But the price go below the Trend support and the last support. Then the price retest the Support and it turns into Resistance. This shows a Clear Signal to Sell, just waiting for Other Sell candle to Start... If you have a different Idea, please let me know in the Comment Section below.
