Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candle pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.7197 |
| Current Price | 0.71622 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.7197 – 0.71475 – 0.70934 – 0.71098 – 0.70769 – 0.70287 —
0.71771 – 0.71627 —
54.313600043803 – 46.683404535693 —
– —
0.7197 – 1776319200
Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Belt Hold – – – – – – – – –