And also a ‘Tweezers Top’ candlestick pattern is existing. The chart forms ‘Tweezers Top’. which is a negative 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 | 1.05124 |
2nd High | 1.04580 |
Next High | 1.04241 |
Current Price | 1.03989 |
Next Low | 1.02952 |
2nd Low | 1.02732 |
3rd Low | 1.02643 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top