GBP/JPY – 30M – SELL

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

215.24 – 215.368 – 214.998 – 214.882 – 214.302 – 214.557 —
215.22600 – 215.16600 —
56.602963955346 – 50.222887749783 —
– —
215.24 – 1781544600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Matching Low – Symmetrical Triangle Chart Pattern – – – – – – – –