GBP/JPY – 30M – BUYFurthermore a ‘Three Line Strike – Bullish’ candle chart pattern is existing. The chart forms ‘Three Line Strike – Bullish’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 196.41700 |
| 2nd High | 194.99000 |
| Next High | 194.45500 |
| Current Price | 193.95200 |
| Next Low | 193.63600 |
| 2nd Low | 192.85100 |
| 3rd Low | 192.51300 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Line Strike – Bullish