Also there is a ‘Tweezers Bottom’ candlestick pattern is existing. The candles form ‘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’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.43327 |
Next Low | 1.42984 |
2nd Low | 1.42222 |
3rd Low | 1.42190 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Bottom