Buy GBP/JPY – 30M – BUY

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘RSI Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Bullish Divergence’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 211.351
2nd High 210.724
Next High 210.559
Current Price 209.53300
Next Low 209.479
2nd Low 209.213
3rd Low 209.039

210.559 – 210.724 – 211.351 – 209.479 – 209.481 – 209.213 —
209.85900 – 209.55100 —
42.618846489185 – 38.496122562086 —
– —
210.559 – 1772629200

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