GBP/JPY – 30M – BUYFurthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 207.355 |
| Current Price | 206.83300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
207.355 – 207.335 – 206.187 – 206.344 – 206.871 – 205.473 —
206.49800 – 206.91600 —
33.879595402687 – 50.596422292902 —
– —
207.35500 – 1764831600
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Belt Hold – Double bottom retreat down – – – – – – – –