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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: bulls has shattered the "Window"

Galina Svetlova

EUR/USD: bulls has shattered the "Window"

The last “Three Methods” pattern did a great job as the price has broken the Moving Average lines. Moreover, it's likely to see a new “Three Methods” soon. If so, the market is likely going to move on towards the upper resistance levels. As we can see on the Daily chart, we’ve got a “Piercing Line” and a “Belt Hold” at the last low. Therefore, today’s candle is likely going to be bullish as well as yesterday’s one.

EUR/USD: bulls has shattered the "Window"

There’s a “Three Methods” above the Moving Average. The market is likely going to test these lines during the day. If any bullish pattern arrives afterwards, buyers will be more that just happy to deliver a new high.

EUR
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