GBP/JPY – 30M – SELLNext a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
Next a ‘Falling Window’ candle chart pattern is existing. The chart shows ‘Falling Window’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 214.847 |
| Next High | 212.157 |
| Current Price | 211.26500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
212.157 – 212.022 – 211.215 – 210.038 – 211.321 – 210.063 —
211.12300 – 211.51300 —
41.490722617274 – 53.721956556156 —
– —
212.15700 – 1769680800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Falling Window – – – – – – – – –