Then a ‘Bearish Belt Hold’ chart pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94423 |
2nd High | 0.94407 |
Next High | 0.94278 |
Current Price | 0.93994 |
Next Low | 0.93783 |
2nd Low | 0.93578 |
3rd Low | 0.93538 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Belt Hold