Next a ‘Tweezers Top’ candle pattern is existing. The chart shows ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 101.55400 |
2nd High | 101.02600 |
Next High | 99.16100 |
Current Price | 98.43400 |
Next Low | 97.49000 |
2nd Low | 97.04900 |
3rd Low | 96.92900 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top