GBP/JPY – 30M – BUYBesides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Tweezers Top’ candle chart pattern is detected. The chart shows ‘Tweezers Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 212.291 |
| 2nd High | 212.067 |
| Next High | 212.04100 |
| Current Price | 211.82300 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
212.04100 – 212.067 – 212.291 – 210.648 – 211.379 – 211.478 —
212.04100 – 211.90500 —
58.200550745223 – 59.886161288582 —
212.04100 – 1768820400 —
– 1768820400
Trading Signals: FOREX – GBP – GBP/JPY – JPY – Tweezers Top – Double top chart pattern – – – – – – – –