EUR/USD – 30M – SELLBesides a ‘Bearish Belt Hold’ candlestick pattern is found. The chart shows ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04580 |
| 2nd High | 1.04241 |
| Next High | 1.03752 |
| Current Price | 1.02970 |
| Next Low | 1.02732 |
| 2nd Low | 1.02643 |
| 3rd Low | 1.02238 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish Belt Hold