AUD/JPY – 30M – BUYThen a ‘Double top retreat up’ chart pattern is discovered. The chart picture forms ‘Double top retreat up’. which is a positive chart scenario. The currency pair is likely to go up.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 105.928 |
| Next High | 105.57 |
| Current Price | 105.35400 |
| Next Low | 105.303 |
| 2nd Low | 105.228 |
| 3rd Low | 104.973 |
105.57 – 105.928 – 105.361 – 105.303 – 105.228 – 104.973 —
105.45700 – 105.36100 —
46.948545702393 – 39.171126148547 —
– —
105.57000 – 1767803400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold – Double top retreat up – – – – – – – –