Then a ‘Double bottom chart pattern’ chart pattern is discovered. The chart forms ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ chart pattern is found. 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 | 1.62214 |
| 2nd High | 1.62013 |
| Next High | 1.61567 |
| Current Price | 1.61429 |
| Next Low | 1.6118 |
| 2nd Low | 1.61077 |
| 3rd Low | 1.61055 |
1.61396 – 1.61324 – 1.61567 – 1.6118 – 1.61077 – 1.61055 —
1.61338 – 1.61358 —
52.138828069353 – 53.035512672046 —
– —
1.61396 – 1770188400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –