GBP/JPY – 4H – SELL

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

212.112 – 209.683 – 209.678 – 208.129 – 207.227 – 207.551 —
211.55900 – 210.82200 —
65.452317044194 – 51.015350052665 —
– —
212.112 – 1772049600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Outside Down – Symmetrical Triangle Chart Pattern – – – – – – – –