GBP/JPY – 30M – BUYAdditionally a ‘Three Line Strike – Bullish’ candlestick pattern is discovered. The chart forms ‘Three Line Strike – Bullish’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 192.29800 |
| 2nd High | 191.28000 |
| Next High | 190.37300 |
| Current Price | 188.84900 |
| Next Low | 188.46600 |
| 2nd Low | 188.16400 |
| 3rd Low | 186.68500 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Line Strike – Bullish