In addition a ‘Tweezers Top’ chart pattern is discovered. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.50378 |
2nd High | 1.49791 |
Next High | 1.49362 |
Current Price | 1.49292 |
Next Low | 1.48319 |
2nd Low | 1.47687 |
3rd Low | 1.47595 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top