Furthermore a ‘Tweezers Top’ candlestick chart pattern is existing. The candles show ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.49251 |
2nd High | 1.48597 |
Next High | 1.48443 |
Current Price | 1.48407 |
Next Low | 1.48022 |
2nd Low | 1.47911 |
3rd Low | 1.47687 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top