Sell GBP/JPY – 1H – SELL

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 216.592
Next High 216.064
Current Price 215.02300
Next Low
2nd Low
3rd Low

216.064 – 215.77 – 215.027 – 215.106 – 214.202 – 213.332 —
215.28100 – 214.99300 —
34.308771574043 – 36.230640048946 —
– —
216.064 – 1782968400

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