Then a ‘Tweezers Top’ candlestick chart pattern is found. The chart forms ‘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 probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 0.84401 |
Next Low | 0.83863 |
2nd Low | 0.83844 |
3rd Low | 0.83644 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Tweezers Top