GBP/JPY – 1H – SELL

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Next a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

209.476 – 209.678 – 209.324 – 207.227 – 208.039 – 207.551 —
208.30700 – 208.72200 —
51.126910337936 – 64.996002462165 —
– —
209.476 – 1771290000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Matching Low – Double top retreat up – – – – – – – –