GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 214.557 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 214.998 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

214.998 – 214.934 – 214.859 – 214.557 – 213.863 – 214.324 —
214.96900 – 214.98400 —
54.774991388174 – 49.933874007463 —
– —
214.998 – 1781249400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –