USD/JPY – 30M – BUYFurthermore a ‘Bullish Belt Hold’ chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 158.87500 |
| Next High | 158.02300 |
| Current Price | 157.97900 |
| Next Low | 157.40100 |
| 2nd Low | 157.29400 |
| 3rd Low | 157.08400 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Bullish Belt Hold