GBP/JPY – 1H – SELL

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Hidden Bearish Divergence’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 207.551 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 209.476 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

209.476 – 209.678 – 209.324 – 208.039 – 207.551 – 207.628 —
208.51200 – 208.03100 —
33.085294167042 – 33.644918476185 —
– —
209.476 – 1771290000

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – – – – – – – – –