GBP/JPY – 30M – BUY

Next 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 currency pair is likely to rise.

Next a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

212.075 – 212.146 – 211.323 – 210.502 – 210.754 – 210.74 —
211.49100 – 211.54200 —
34.173179711224 – 42.6736418695 —
– —
212.07500 – 1767688200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bullish Belt Hold – Double top retreat up – – – – – – – –