Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candle pattern is detected. The candles form ‘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 success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62717 |
| 2nd High | 1.62693 |
| Next High | 1.6221 |
| Current Price | 1.62504 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6221 – 1.62693 – 1.62717 – 1.61948 – 1.61678 – 1.62442 —
1.62170 – 1.62461 —
52.807735192556 – 68.658109974238 —
– —
1.62210 – 1764361800
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Belt Hold – Double top retreat up – – – – – – – –