There is also a ‘Double bottom chart pattern’ chart pattern is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
There is also a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The currency 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 | |
| 2nd High | 0.66895 |
| Next High | 0.66286 |
| Current Price | 0.66254 |
| Next Low | 0.6605 |
| 2nd Low | 0.6603 |
| 3rd Low | 0.65745 |
0.66236 – 0.66189 – 0.65704 – 0.6605 – 0.6603 – 0.65745 —
0.66150 – 0.66224 —
53.791745498723 – 64.440808872332 —
– —
0.66236 – 1764869400
Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –