Then a ‘Double top retreat up’ chart pattern is discovered. The formation shows ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 148.27200 |
| 2nd High | 148.11100 |
| Next High | 147.89900 |
| Current Price | 147.54800 |
| Next Low | 147.53000 |
| 2nd Low | 147.11700 |
| 3rd Low | 147.08200 |
147.89900 – 148.11100 – 147.98400 – 147.53000 – 147.11700 – 147.08200 — 37.600503999343 – 43.320251131255 — 10.233258088789 – 17.47554552295 – 7.398524370872 – 12.005685143383
Trading Signals: FOREX – USD – USD/JPY – JPY – Bullish Belt Hold – Double top retreat up – –