Then a ‘Tweezers Top’ candlestick pattern is existing. The chart forms ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94407 |
2nd High | 0.94278 |
Next High | 0.94053 |
Current Price | 0.93988 |
Next Low | 0.93540 |
2nd Low | 0.93489 |
3rd Low | 0.93423 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Tweezers Top