Next a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The pair is likely to go down. 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 | 164.89900 |
2nd High | 164.86400 |
Next High | 164.54500 |
Current Price | 163.64800 |
Next Low | 163.20600 |
2nd Low | 162.60100 |
3rd Low | 162.48800 |
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Belt Hold