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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.

USD/JPY: bear's "stars"

Galina Svetlova

USD/JPY: bear's "stars"

There’s an “Evening Star” at the last high, which led to the current bearish movement. It’s likely to see a local correction, but then the market is probably going to fall even lower. As we can see on the Daily chart, the “Window” was broken and today’s candle has a chance to be closed below it.

USD/JPY: bear's "stars"

We’ve got a “Shooting Star” at the last high and as we can see bears like it so much. A “Hammer” has just arrived, but a confirmation hasn't formed yet. So, the main expectation is to see more selling pressure, but a local correction is a still possible.

JPY
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