GBP/JPY – 30M – SELLAlso there is a ‘Inverse Head and Shoulder chart pattern’ chart pattern is existing. The chart forms ‘Inverse Head and Shoulder chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 214.847 |
| Next High | 212.022 |
| Current Price | 211.33800 |
| Next Low | 210.063 |
| 2nd Low | 209.784 |
| 3rd Low | 209.606 |
212.022 – 211.215 – 211.751 – 210.063 – 210.064 – 209.784 —
211.87900 – 211.70500 —
69.152826183779 – 55.437307238384 —
– —
212.02200 – 1769634000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Inverse Head and Shoulder chart pattern – – – – – – – –