Then a ‘Tweezers Top’ candle chart pattern is detected. The chart shows ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.44669 |
2nd High | 1.44492 |
Next High | 1.44419 |
Current Price | 1.44041 |
Next Low | 1.43920 |
2nd Low | 1.43687 |
3rd Low | 1.43633 |
Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Top