AUD/USD – 1H – SELLThere is also a ‘Bearish Belt Hold’ chart pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish pattern 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 | 0.63021 |
| 2nd High | 0.62878 |
| Next High | 0.62056 |
| Current Price | 0.61894 |
| Next Low | 0.61307 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Belt Hold