GBP/JPY – 4H – BUY

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 216.064 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 216.064 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

216.064 – 214.673 – 215.553 – 212.532 – 212.44 – 213.863 —
215.85600 – 215.27200 —
54.185702833244 – 55.699486836586 —
– —
216.064 – 1782964800

Trading Signals: FOREX – GBP – GBP/JPY – JPY – Three White Soldiers – – – – – – – – –