Sell GBP/JPY – 1H – SELL

There is also a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 198.94600
2nd High 198.25200
Next High 197.53900
Current Price 194.08400
Next Low 194.05400
2nd Low 193.62500
3rd Low 192.85100

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