EUR/USD – 30M – BUYNext a ‘Tweezers Bottom’ candle chart pattern is detected. The chart shows ‘Tweezers Bottom’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.05370 |
| 2nd High | 1.05340 |
| Next High | 1.05155 |
| Current Price | 1.05019 |
| Next Low | 1.04853 |
| 2nd Low | 1.04794 |
| 3rd Low | 1.04744 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Bottom