GBP/JPY – 30M – SELL

The pair British Pound/Japanese Yen (GBP/JPY) jumps from the ascending trendline downwards

The bearish trend downwards to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of resistance at 214.999 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The 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%.

214.999 – 213.459 – 212.857 – 212.848 – 211.78 – 211.279 —
214.93600 – 214.01300 —
71.718379564441 – 34.417006223792 —
– —
214.999 – 1770213600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three Black Crows – – – – – – – – –