GBP/JPY – 1H – BUYAnd also a ‘Gapping Down Doji’ candle chart pattern is detected. The chart shows ‘Gapping Down Doji’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Gapping Down Doji’ heading down is 57% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.53900 |
| 2nd High | 194.76600 |
| Next High | 192.90700 |
| Current Price | 192.90300 |
| Next Low | 191.48400 |
| 2nd Low | 190.07100 |
| 3rd Low | 188.07200 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Gapping Down Doji