EUR/USD: candlestick analysis
There’s a “Window”, which acts like a resistance. Previously, a “High Wave” pattern was formed on this “Window” area. It’s likely that firstly the price will go to a local correction, but then bulls might come back to the market and will try to achieve the upper “Window”. As we can see on the daily chart, here’s a “Deliberation” pattern, but it hasn't been confirmed yet. So, the current correction has a reason to go on until we’ve got any bearish reversal pattern.
The upward trend become stronger since the last “Window” has been closed by several bullish candles. It’s possible to see a bearish “Harami” and a local correction towards the “Window”. The rise is likely going to resume afterwards.