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    EUR/USD: candlestick analysis

    EUR/USD: candlestick analysis

    There’s a possible “Three Methods” pattern at the last low. It’s likely that the price is going to test the “Window's” level once again. As we can see on the daily chart, a couple of “High Waves” haven’t had a confirmation, so the downward movement probably is going to be deeper.

    EUR/USD: candlestick analysis

    The “Window” has acted as a resistance. Here’s a “Three Methods”, which hasn't been broken by the price. The last lows seems like bearish ones and there aren't any reversal patterns. So, the downward movement can go on to the new lows.


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