EUR/USD – 1H – SELLFurthermore a ‘Tweezers Top’ candle pattern is detected. The chart forms ‘Tweezers Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.04340 |
| 2nd High | 1.03572 |
| Next High | 1.03115 |
| Current Price | 1.03059 |
| Next Low | 1.01772 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top