AUD/USD – 1H – BUYNext a ‘Triple bottom chart pattern’ chart formation is existing. The chart shows ‘Triple bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
Next a ‘Tweezers Top’ candlestick pattern is discovered. The candles form ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65787 |
| 2nd High | 0.65684 |
| Next High | 0.65239 |
| Current Price | 0.65145 |
| Next Low | 0.64621 |
| 2nd Low | 0.64147 |
| 3rd Low | 0.64142 |
0.6504 – 0.65047 – 0.65007 – 0.64621 – 0.64696 – 0.64713 — 46.393413341458 – 43.081918246833 — 51.08110969928 – 79.853936279106 – 29.487950148551 – 51.629938175698
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – Triple bottom chart pattern – –