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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.

EUR/USD: bears broken the "Window"

Galina Svetlova

EUR/USD: bears broken the "Window"

There’re a “High Wave” and a “Tweezers” at the last high. The last “Window” has been broken by the huge bearish candle. Therefore, the next “Window” is likely going to act as a support. As we can see on the Daily chart, here’s a “Harami”, which has been confirmed, so we can expect a further decline.

EUR/USD: bears broken the "Window"

The price has reached the 89 Moving Average line, so it's possible to see any kind of bullish pattern and a local rise afterwards. After that, bears are likely going to taste the nearest “Window”.

EUR
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