Furthermore a ‘Tweezers Top’ candle pattern is found. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90032 |
2nd High | 0.89899 |
Next High | 0.89411 |
Current Price | 0.89365 |
Next Low | 0.89092 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Tweezers Top