EUR/USD – 30M – SELLAdditionally a ‘Tweezers Top’ chart pattern is found. The candles show ‘Tweezers Top’. which is a bearish chart scenario. The pair is likely to go down. 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 | 1.04366 |
| 2nd High | 1.04340 |
| Next High | 1.03572 |
| Current Price | 1.03027 |
| Next Low | 1.02729 |
| 2nd Low | 1.02643 |
| 3rd Low | 1.02238 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top