GBP/JPY – 4H – SELLMoreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 214.555936 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 215.899 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 215.899 |
| Current Price | 215.75700 |
| Next Low | 214.883 |
| 2nd Low | 213.997 |
| 3rd Low | 210.314 |
215.899 – 211.433 – 213.303 – 214.883 – 213.997 – 210.314 —
215.33200 – 216.04700 —
52.262343163543 – 60.997550369375 —
– —
215.899 – 1776283200
Trading Signals: FOREX – GBP – GBP/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –