GBP/JPY – 4H – BUY

There is also a ‘Double bottom chart pattern’ chart pattern is found. The chart picture shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

198.80000 – 198.19500 – 196.84100 – 195.35600 – 194.01200 – 193.75600 — 50.812310844462 – 71.904372745321 — 61.996229741921 – 77.378360445042 – 63.147961681869 – 67.261103806337

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Double bottom chart pattern – –