GBP/JPY – 4H – BUY

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 215.140128 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 216.592 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

216.592 – 216.047 – 215.899 – 210.44 – 214.941 – 214.883 —
213.61700 – 213.08400 —
36.762759958433 – 41.782110607639 —
– —
216.592 – 1777536000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – – – – – – – – –