Then a ‘Tweezers Top’ candlestick chart pattern is discovered. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.63775 |
2nd High | 0.63548 |
Next High | 0.63269 |
Current Price | 0.62765 |
Next Low | 0.62049 |
2nd Low | 0.61976 |
3rd Low | 0.61918 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top