There is also a ‘Double bottom chart pattern’ chart formation is detected. The chart picture shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.
There is also a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93253 |
| 2nd High | 0.93108 |
| Next High | 0.92578 |
| Current Price | 0.92359 |
| Next Low | 0.92209 |
| 2nd Low | 0.92135 |
| 3rd Low | 0.91789 |
0.92306 – 0.92299 – 0.92301 – 0.92209 – 0.92135 – 0.91789 —
0.92157 – 0.92290 —
33.099400148056 – 62.747561582184 —
– —
0.92306 – 1763418600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Belt Hold – Double bottom chart pattern – – – –