EUR/CAD – 1H – SELLAdditionally a ‘Tweezers Top’ candlestick pattern is detected. The candles form ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49251 |
| 2nd High | 1.48563 |
| Next High | 1.47547 |
| Current Price | 1.47438 |
| Next Low | 1.46834 |
| 2nd Low | 1.44868 |
| 3rd Low |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top