GBP/JPY – 30M – BUY

The combination British Pound/Japanese Yen (GBP/JPY) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 215.23 will continue.

Caution: A possible change in the direction of support at 214.557 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

214.998 – 214.934 – 214.859 – 214.557 – 213.863 – 214.324 —
214.85500 – 215.15700 —
44.521671551954 – 59.933911438921 —
– —
214.998 – 1781249400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – – – – – – – – –