And also a ‘Tweezers Top’ chart pattern is found. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. 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 | 0.62465 |
2nd High | 0.62329 |
Next High | 0.62313 |
Current Price | 0.62169 |
Next Low | 0.61788 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top