In addition a ‘Tweezers Top’ candle pattern is discovered. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. 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 | 1.44492 |
2nd High | 1.44326 |
Next High | 1.44093 |
Current Price | 1.43785 |
Next Low | 1.43633 |
2nd Low | 1.43379 |
3rd Low | 1.43349 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Top