AUD/USD – 4H – BUYMoreover a ‘Double bottom chart pattern’ chart layout is found. The chart picture forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
Moreover a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. 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 | 0.65899 |
| Next High | 0.65239 |
| Current Price | 0.65223 |
| Next Low | 0.64621 |
| 2nd Low | 0.64142 |
| 3rd Low | 0.63722 |
0.65047 – 0.65239 – 0.65899 – 0.64621 – 0.64142 – 0.64823 — 34.880162030485 – 49.315770113224 — 0 – 14.333064588372 – 12.533894343151 – 8.4242520109909
Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Belt Hold – Double bottom chart pattern – –