Furthermore a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.91370 |
Current Price | 0.91184 |
Next Low | 0.90386 |
2nd Low | 0.90227 |
3rd Low | 0.90099 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold