Then a ‘Double top retreat up’ chart layout is existing. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
Then a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 0.60786 |
| 2nd High | 0.60756 |
| Next High | 0.60527 |
| Current Price | 0.60108 |
| Next Low | 0.60039 |
| 2nd Low | 0.59967 |
| 3rd Low | 0.59279 |
0.60527 – 0.60496 – 0.60355 – 0.60039 – 0.60187 – 0.60296 —
0.60008 – 0.60027 —
25.792223449659 – 39.584776251324 —
– —
0.60527 – 1771376400
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – Double top retreat up – – – – – – – –