GBP/JPY – 30M – SELL

Additionally a ‘Inverse Head and Shoulder chart pattern’ chart pattern is found. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Bearish Harami’ candlestick chart pattern is existing. The candles show ‘Bearish Harami’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

209.683 – 208.939 – 209.532 – 208.38 – 208.076 – 207.612 —
209.19100 – 209.12500 —
48.794671542463 – 47.450049937599 —
– —
209.683 – 1771606800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Harami – Inverse Head and Shoulder chart pattern – – – – – – – –