GBP/JPY – 30M – SELLThen a ‘Evening Star’ candle pattern is detected. The candles form ‘Evening Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 197.78100 |
| 2nd High | 196.41700 |
| Next High | 194.99000 |
| Current Price | 194.14600 |
| Next Low | 192.85100 |
| 2nd Low | 192.51300 |
| 3rd Low | 192.44600 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Evening Star