Sell GBP/JPY – 1H – SELL

In addition a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 199.55300
2nd High 198.94600
Next High 197.51500
Current Price 195.56600
Next Low 194.05400
2nd Low 193.62500
3rd Low 192.85100

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