Next a ‘Double bottom retreat down’ chart layout is found. The chart picture forms ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to go down.
Next a ‘Bearish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.930000000 |
| 2nd High | 15.660000000 |
| Next High | 15.610000000 |
| Current Price | 15.480000000 |
| Next Low | 15.220000000 |
| 2nd Low | 13.200000000 |
| 3rd Low | 13.100000000 |
15.610000000 – 13.690000000 – 13.730000000 – 15.220000000 – 13.200000000 – 13.280000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Bearish Belt Hold – Double bottom retreat down