Moreover a ‘Double bottom chart pattern’ chart pattern is found. The chart picture shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
Moreover a ‘Bullish Belt Hold’ candle pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a positive pattern 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.95096 |
| Next Low | 0.94759 |
| 2nd Low | 0.94691 |
| 3rd Low | 0.94534 |
0.9509 – 0.95026 – 0.95092 – 0.94759 – 0.94795 – 0.94691 —
0.95020 – 0.95135 —
58.519886071499 – 59.879238791884 —
– —
0.95090 – 1769522400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –