Additionally a ‘Tweezers Bottom’ candle chart pattern is found. The candles form ‘Tweezers Bottom’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44492 |
Next High | 1.44326 |
Current Price | 1.44221 |
Next Low | 1.43687 |
2nd Low | 1.43633 |
3rd Low | 1.43379 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Bottom