Sell GBP/USD – 4H – SELL

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Then a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.34896
2nd High 1.33691
Next High 1.32153
Current Price 1.31435
Next Low
2nd Low
3rd Low

1.32153 – 1.31907 – 1.33691 – 1.30096 – 1.30963 – 1.32868 —
1.31554 – 1.31760 —
47.994113691614 – 49.267140059073 —
– —
1.32153 – 1763049600

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