Then a ‘Tweezers Top’ candle pattern is found. The chart shows ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62646 |
2nd High | 0.62539 |
Next High | 0.62465 |
Current Price | 0.62086 |
Next Low | 0.61788 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top