And also a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.94423 |
Current Price | 0.94389 |
Next Low | 0.93914 |
2nd Low | 0.93578 |
3rd Low | 0.93538 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Belt Hold