GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support line at will persist.

Caution: A possible trend reversal in the direction of resistance at 213.115 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

213.115 – 212.729 – 212.767 – 212.393 – 212.267 – 210.758 —
213.07800 – 212.93900 —
56.702142753334 – 50.427577264592 —
– —
213.115 – 1778158800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Two Crows – – – – – – – – –