GBP/JPY – 30M – BUY

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Hammer’ candlestick pattern is existing. The chart shows ‘Hammer’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).

217.259 – 217.306 – 217.374 – 216.67 – 216.657 – 216.389 —
216.86400 – 217.01200 —
45.929660085977 – 56.790334348605 —
– —
217.259 – 1783969200

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Hammer – – – – – – – – –