GBP/JPY – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 214.6155 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 215.24 could occur.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Top’ candlestick pattern is existing. The chart shows ‘Tweezers Top’. 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 ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

215.24 – 215.368 – 214.998 – 214.882 – 214.302 – 214.557 —
215.16600 – 215.08500 —
50.222887400698 – 43.237514747052 —
– —
215.24 – 1781544600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Tweezers Top – – – – – – – – –