Moreover a ‘Double top retreat up’ chart layout is found. The chart picture shows ‘Double top retreat up’. which is a positive pattern signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80113 |
| 2nd High | 0.79938 |
| Next High | 0.79661 |
| Current Price | 0.79526 |
| Next Low | 0.78778 |
| 2nd Low | 0.78718 |
| 3rd Low |
0.79661 – 0.79619 – 0.79552 – 0.79513 – 0.78778 – 0.79426 —
0.79557 – 0.79508 —
28.239318467442 – 47.748730825362 —
– —
0.79661 – 1763431200
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – Double top retreat up – – – –