And also a ‘Tweezers Top’ candle pattern is discovered. 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 probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.25754 |
2nd High | 1.24938 |
Next High | 1.23768 |
Current Price | 1.22809 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: FOREX – GBP – GBP/USD – USD – Tweezers Top