There is also a ‘Tweezers Top’ candle pattern is found. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.26136 |
2nd High | 1.26073 |
Next High | 1.25754 |
Current Price | 1.24996 |
Next Low | 1.24099 |
2nd Low | 1.23878 |
3rd Low | 1.23521 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Tweezers Top