GBP/JPY – 4H – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Hammer’ candlestick chart pattern is existing. The chart forms ‘Hammer’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).

214.999 – 214.847 – 213.487 – 211.597 – 210.038 – 209.606 —
212.71100 – 213.20700 —
47.339537337882 – 49.290457217103 —
– —
214.999 – 1770206400

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Hammer – Double bottom chart pattern – – – – – – – –