There is also a ‘Double bottom chart pattern’ chart pattern is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
There is also a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.64666 |
| Next High | 1.63532 |
| Current Price | 1.63415 |
| Next Low | 1.62597 |
| 2nd Low | 1.62036 |
| 3rd Low | 1.61473 |
1.63342 – 1.63173 – 1.62984 – 1.62597 – 1.62744 – 1.62716 —
1.63018 – 1.63436 —
54.255786996683 – 64.164678514017 —
– —
1.63342 – 1769522400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –