Also there is a ‘Tweezers Top’ candlestick pattern is found. The candles form ‘Tweezers Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.63269 |
2nd High | 0.63021 |
Next High | 0.62878 |
Current Price | 0.62062 |
Next Low | 0.61976 |
2nd Low | 0.61918 |
3rd Low | 0.61788 |
Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top