Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49791 |
2nd High | 1.49400 |
Next High | 1.49251 |
Current Price | 1.48519 |
Next Low | 1.48421 |
2nd Low | 1.48358 |
3rd Low | 1.48319 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Belt Hold