USD/JPY – 30M – BUYFurthermore a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.54900 |
| 2nd High | 158.51800 |
| Next High | 158.28200 |
| Current Price | 157.92800 |
| Next Low | 157.57400 |
| 2nd Low | 157.37200 |
| 3rd Low | 156.23700 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Bullish Belt Hold