546
Galina has been using the Japanese Candlesticks in trading since 2004. Meanwhile, she has wrote dozens of articles about these patterns, because nowadays it's possible to see a lot of things that couldn't be discovered in the good old days. Everyday Galina share her expert opinion about EUR/USD and USD/JPY on the fxBazooka.com.

EUR/USD: bulls going to reach upper "Window"

EUR/USD: bulls going to reach upper "Window"

There’s a “Tweezers” at the local low, which has been confirmed enough, so bulls are likely going to deliver an upward correction in the short term. However, if we see a pullback from the nearest resistance, there’ll be an opportunity to have another decline. As we can see on the Daily chart, bears came back into the market because of the previously formed “High Wave” pattern. Considering that there isn’t any bullish pattern so far, the price is likely going to continue falling down.

EUR/USD: bulls going to reach upper "Window"

We’ve got a local consolidation on the one-hour chart. Also, there’re a “Tweezers” and a “Hammer” at the last low, so the pair is likely going to test the nearest “Window”. If a pullback from this level happens, bears will probably try to deliver a new low.

Scroll to top