There is also a ‘Tweezers Bottom’ candlestick chart pattern is discovered. The chart forms ‘Tweezers Bottom’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44352 |
2nd High | 1.44329 |
Next High | 1.44202 |
Current Price | 1.43967 |
Next Low | 1.43496 |
2nd Low | 1.43462 |
3rd Low | 1.43349 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Bottom