GBP/JPY – 30M – BUYNext a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 204.563 |
| 2nd High | 204.52 |
| Next High | 204.293 |
| Current Price | 204.13800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
204.293 – 204.52 – 203.602 – 203.127 – 202.34 – 202.631 —
204.09100 – 204.07200 —
45.822301806528 – 42.312211996499 —
– —
204.29300 – 1763431200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Belt Hold – – – – –