GBP/JPY – 30M – SELLAdditionally a ‘Falling Window’ candle pattern is existing. The chart forms ‘Falling Window’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 199.37100 |
| 2nd High | 198.94500 |
| Next High | 197.06600 |
| Current Price | 196.92100 |
| Next Low | 196.43900 |
| 2nd Low | 196.31000 |
| 3rd Low | 195.74500 |
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Falling Window