AUD/USD – 30M – SELL

In addition a ‘Head and Shoulder chart pattern’ chart pattern is detected. The formation shows ‘Head and Shoulder chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

In addition a ‘Tweezers Top’ chart pattern is found. The chart forms ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.70901 – 0.70982 – 0.70373 – 0.70641 – 0.70132 – 0.70075 —
0.70773 – 0.70746 —
48.867396596739 – 48.531708897792 —
– —
0.70901 – 1770741000

Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – Head and Shoulder chart pattern – – – – – – – –