GBP/JPY – 1H – SELL

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

The bearish trend down to the next support line at 213.863 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 215.518 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘StochOSC Bearish Divergence’ indicator layout is detected. The indicator is ‘StochOSC Bearish Divergence’. Dieses ist oftmals ein bearisches chart signal. Die Paarung wird wahrscheinlich fallen.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

214.998 – 214.934 – 215.23 – 213.863 – 214.324 – 214.306 —
214.99900 – 215.35300 —
58.398425924532 – 63.427541927127 —
– —
214.998 – 1781247600

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Two Crows – – – – – – – – –