EUR/GBP – 30M – BUYAdditionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
Additionally a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘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’ heading up is 71% (Bull Market) & 71% (Bear Market).
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85455 |
| 2nd High | 0.85445 |
| Next High | 0.85404 |
| Current Price | 0.85141 |
| Next Low | 0.84898 |
| 2nd Low | 0.84795 |
| 3rd Low | 0.84694 |
0.85404 – 0.85060 – 0.85102 – 0.84898 – 0.84795 – 0.84951
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold