EUR/USD – 30M – SELLNext a ‘Double top chart pattern’ chart formation is existing. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
Next a ‘Tweezers Top’ chart pattern is existing. The candles show ‘Tweezers Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18895 |
| 2nd High | 1.18846 |
| Next High | 1.187 |
| Current Price | 1.18558 |
| Next Low | 1.18473 |
| 2nd Low | 1.18467 |
| 3rd Low | 1.18326 |
1.187 – 1.18846 – 1.18731 – 1.18585 – 1.18473 – 1.18467 —
1.18664 – 1.18572 —
45.495040859247 – 39.217446940157 —
– —
1.187 – 1771236000
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – Double top chart pattern – – – – – – – –