There is also a ‘Tweezers Top’ candlestick chart pattern is found. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
There is also a ‘Double top chart pattern’ chart pattern is existing. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.77520 |
2nd High | 1.76719 |
Next High | 1.76294 |
Current Price | 1.75210 |
Next Low | 1.73858 |
2nd Low | 1.73686 |
3rd Low | 1.73668 |
1.76294 – 1.76222 – 1.75754 – 1.75291 – 1.75505 – 1.73858
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Tweezers Top