And also a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish 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’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 101.02600 |
2nd High | 99.16100 |
Next High | 98.49900 |
Current Price | 98.01000 |
Next Low | 97.66400 |
2nd Low | 97.49000 |
3rd Low | 97.04900 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold