GBP/JPY – 30M – BUYFurthermore a ‘Inverse Head and Shoulder chart pattern’ chart formation is existing. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish signal. The pair is likely to go up.
Furthermore a ‘Bearish Harami Cross’ chart pattern is existing. The candles show ‘Bearish Harami Cross’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 214.847 |
| Next High | 212.022 |
| Current Price | 211.69600 |
| Next Low | 210.063 |
| 2nd Low | 209.784 |
| 3rd Low | 209.606 |
212.022 – 211.215 – 211.751 – 210.063 – 210.064 – 209.784 —
211.71700 – 211.55700 —
51.881869123231 – 53.442155185564 —
– —
212.02200 – 1769634000
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Harami Cross – Inverse Head and Shoulder chart pattern – – – – – – – –