Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Tweezers Bottom’ candle pattern is found. The candles form ‘Tweezers Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16773 |
| 2nd High | 1.16613 |
| Next High | 1.16411 |
| Current Price | 1.16349 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.16411 – 1.16375 – 1.16269 – 1.16107 – 1.15766 – 1.15841 —
1.16264 – 1.16338 —
52.284727712535 – 57.062084748484 —
– —
1.16411 – 1768813200
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Bottom – – – – – – – – –