GBP/JPY – 30M – SELL

The combination British Pound/Japanese Yen (GBP/JPY) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at 210.8 is certain.

Caution: A possible change in the direction of resistance at 212.341 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

212.341 – 212.721 – 212.482 – 211.771 – 211.946 – 212.123 —
211.95900 – 211.45200 —
40.109016014214 – 38.412094061136 —
– —
212.341 – 1773892800

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