GBP/JPY – 1H – SELL

The pair British Pound/Japanese Yen (GBP/JPY) goes from the bullish trendline downwards

A descending movement down to the next support level at 211.973 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 213.719 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. 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 ‘Three Black Crows’ heading down is 82%.

212.177 – 211.54 – 210.987 – 211.973 – 211.589 – 209.176 —
213.18900 – 213.02600 —
62.563724361327 – 50.238358359494 —
– —
212.177 – 1773093600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – – – – – – – – –