GBP/JPY – 30M – BUY

The currency pair British Pound/Japanese Yen (GBP/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 212.781 is expected.

Caution: A possible counter-trend in the direction of the support level at 209.995 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

210.833 – 210.728 – 209.219 – 209.995 – 208.129 – 208.215 —
210.74800 – 211.04600 —
53.955943996558 – 65.121839416071 —
– —
210.833 – 1771954200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –