Tweezers Periodica

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niva
210
niva  

Can you see the periodical changing of pattern?

Red marks stand for tweezer pattern bars had a 20 pips up trend in their following bars. Blue marks stand for tweezer pattern bars had a 20 pips down trend in their following bars. Green marks stand for tweezer pattern bars had no trend observed yet. Interestingly, the three green marks turned red in yesterday's trading.

Pair: EUR/USD

TF: 0.5 hrs

Sampled Bars showed only as colored marks in chart below: From recent 1000 bars only pick up the bars had tweezer pattern, regardless tweezer top or bottom.

X axis: The numbering of bars; 0 is for the current bar.

Y axis: The BarTall of tweezer pattern bar.

Files:
tweezers.jpg 53 kb
niva
210
niva  

One month update

Just a one month update and comparison. All the same methodology.

Files:
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