And also a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44632 |
Next High | 1.44094 |
Current Price | 1.43758 |
Next Low | 1.43388 |
2nd Low | 1.42974 |
3rd Low | 1.42791 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Bullish Belt Hold