EUR/JPY – 1H – SELLIn addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Bearish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bearish Belt Hold’. which is a bearish 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’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 182.005 |
| Current Price | 180.67500 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
182.005 – 180.288 – 180.018 – 179.773 – 179.598 – 178.97 —
181.63900 – 181.42400 —
52.862972241445 – 35.087797990074 —
– —
182.00500 – 1763654400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Belt Hold – Double top chart pattern – – – –