Markets › GBP/JPY › Fibonacci bounce down
Forex · indicator signal
Fibonacci bounce down on GBP/JPY
On GBP/JPY the fibonacci bounce down showed up 81 times. The target came first 43% of the time, the stop 49%, and 7% went nowhere within 12 candles.
Counted on GBP/JPY: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 11 | 27% | 64% | 9% |
| Hourly | 70 | 46% | 47% | 7% |
GBP/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/JPY | 81 | 43% | 49% | 7% |
| All Forex charts | 1,036 | 40% | 56% | 5% |
| Every market | 17,936 | 35% | 57% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2018 | 4 | 25% | 75% |
| 2024 | 8 | 38% | 62% |
| 2025 | 28 | 25% | 57% |
| 2026 | 34 | 65% | 35% |
The last 8 times
- 30 Sep 2026, 05:00 UTC · hourly · stop first after 2 candles
- 28 Sep 2026, 05:00 UTC · hourly · target first after 1 candle
- 28 Sep 2026, 04:00 UTC · hourly · target first after 2 candles
- 21 Sep 2026, 18:00 UTC · hourly · target first after 3 candles
- 21 Sep 2026, 16:00 UTC · hourly · target first after 5 candles
- 21 Sep 2026, 15:00 UTC · hourly · target first after 5 candles
- 21 Sep 2026, 14:00 UTC · hourly · target first after 6 candles
- 21 Sep 2026, 10:00 UTC · hourly · stop first after 2 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the fibonacci bounce down is
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.
Imagine falling down a slide, climbing back up about halfway, then slipping down again. Fibonacci levels mark how far price climbed back compared with the fall. A Fibonacci bounce down is when price rallies back into the 50% to 61.8% zone and turns down.
The full fibonacci bounce down lesson, video and quiz ›
Other patterns on GBP/JPY
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The fibonacci bounce down elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver
Questions
How often does the fibonacci bounce down work on GBP/JPY?
In 81 cases on GBP/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 43% of the time and the stop came first 49%; 7% went nowhere within 12 candles.
What is the fibonacci bounce down?
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.