GBP/JPY – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Current target is 212.856324 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 213.206 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Bearish Harami’ candle pattern is discovered. The candles show ‘Bearish Harami’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

213.206 – 213.191 – 212.865 – 212.626 – 212.246 – 212.285 —
212.93900 – 213.08300 —
44.847276060378 – 58.275280135921 —
– —
213.206 – 1774450800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Bearish Harami – – – – – – – – –