GBP/JPY – 30M – SELLAlso there is a ‘Head and Shoulder chart pattern’ chart layout is discovered. The chart forms ‘Head and Shoulder chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 212.075 |
| 2nd High | 211.75 |
| Next High | 211.414 |
| Current Price | 210.85600 |
| Next Low | 210.502 |
| 2nd Low | 210.338 |
| 3rd Low | 210.251 |
211.414 – 211.75 – 211.738 – 211.016 – 211.278 – 211.306 —
211.03200 – 211.04800 —
36.889856285968 – 37.385987172624 —
– —
211.41400 – 1767790800
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – Head and Shoulder chart pattern – – – – – – – –