There is also a ‘Tweezers Top’ chart pattern is existing. The candles form ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62358 |
2nd High | 0.62191 |
Next High | 0.62056 |
Current Price | 0.61880 |
Next Low | 0.61878 |
2nd Low | 0.61716 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top