GBP/JPY – 30M – SELL

Besides a ‘Double bottom retreat down’ chart layout is detected. The chart picture shows ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

204.293 – 204.52 – 203.602 – 203.69 – 203.127 – 202.34 —
204.07000 – 204.22300 —
48.007735286738 – 53.977191253264 —
– —
204.29300 – 1763431200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Northern Doji – Double bottom retreat down – – – –