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    EUR/USD: candlestick analysis

    EUR/USD: candlestick analysis

    The “Window” has been reached once again and finally a “Harami” pattern arrived. If we see a pullback from the nearest support line it’ll be a open door for a correction. As we can see on the daily chart, there’s a “Doji” and a “Deliberation” patterns, which have been confirmed. So, the downwards movement are probably going to be deeper until we’ve got any reversal bullish patterns.

    EUR/USD: candlestick analysis

    There’re a “Engulfing Bearish” and a “Two Crows” patterns at the last high. Moreover, a “Three Methods” was formed afterwards, so the price has a reason to go towards the nearest support. If we see a pullback from it, then bulls might try to achieve the upper “Window”.

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