Also there is a ‘Tweezers Top’ candlestick pattern is detected. The candles show ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going 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 | 1.03089 |
Next Low | 1.02729 |
2nd Low | 1.02643 |
3rd Low | 1.02238 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top