GBP/JPY – 30M – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Three Outside Down’ candlestick pattern is existing. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

213.459 – 212.857 – 212.822 – 212.848 – 211.78 – 211.279 —
214.99200 – 214.31900 —
78.266093594572 – 42.465507646125 —
– —
213.459 – 1770141600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Down – Double top chart pattern – – – – – – – –