Furthermore a ‘Tweezers Top’ candle chart pattern is found. The chart forms ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. 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 | 0.89334 |
2nd High | 0.89129 |
Next High | 0.88901 |
Current Price | 0.88870 |
Next Low | 0.88757 |
2nd Low | 0.88645 |
3rd Low | 0.88541 |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Tweezers Top