USD/CHF – 30M – BUYAlso there is a ‘Tweezers Top’ candlestick pattern is existing. The chart forms ‘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).
Also there is a ‘Head and Shoulder chart pattern’ chart formation is existing. The chart picture shows ‘Head and Shoulder chart pattern’. which is a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83346 |
| 2nd High | 0.83330 |
| Next High | 0.83182 |
| Current Price | 0.82533 |
| Next Low | 0.82137 |
| 2nd Low | 0.81966 |
| 3rd Low | 0.80665 |
0.83182 – 0.83330 – 0.82726 – 0.82556 – 0.82137 – 0.82265
Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top