EUR/GBP – 30M – BUYThen a ‘Double bottom chart pattern’ chart formation is found. The chart forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86922 |
| 2nd High | 0.86741 |
| Next High | 0.86729 |
| Current Price | 0.86695 |
| Next Low | 0.86526 |
| 2nd Low | 0.8652 |
| 3rd Low | 0.86512 |
0.86681 – 0.86729 – 0.86741 – 0.86526 – 0.86577 – 0.86565 —
0.86680 – 0.86762 —
56.67726522583 – 59.614790958005 —
– —
0.86681 – 1768455000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –