GBP/USD – 30M – BUYIn addition a ‘Tweezers Bottom’ candlestick chart pattern is existing. The candles show ‘Tweezers Bottom’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26136 |
| 2nd High | 1.26073 |
| Next High | 1.25754 |
| Current Price | 1.24818 |
| Next Low | 1.24728 |
| 2nd Low | 1.24099 |
| 3rd Low | 1.23878 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Tweezers Bottom