GBP/JPY – 1H – SELLAdditionally a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.25200 |
| 2nd High | 197.53900 |
| Next High | 194.76600 |
| Current Price | 192.34700 |
| Next Low | 190.07100 |
| 2nd Low | 188.07200 |
| 3rd Low |