NZD/USD – 30M – SELLIn addition a ‘Bearish Belt Hold’ candle chart pattern is detected. The chart forms ‘Bearish Belt Hold’. this is a bearish 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’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57369 |
| 2nd High | 0.56922 |
| Next High | 0.56414 |
| Current Price | 0.56048 |
| Next Low | 0.55930 |
| 2nd Low | 0.55927 |
| 3rd Low | 0.55865 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Belt Hold