EUR/JPY – 30M – SELLIn addition a ‘Bearish Belt Hold’ candlestick pattern is found. The candles show ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 164.86400 |
| 2nd High | 163.42900 |
| Next High | 163.40100 |
| Current Price | 163.02100 |
| Next Low | 162.67500 |
| 2nd Low | 162.61000 |
| 3rd Low | 162.44600 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Belt Hold