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: "Black Crows" showed bulls the door

Galina Svetlova

EUR/USD: "Three Black Crows" showed bulls the door

We’ve got a “Harami” and a “Three Black Crows” at the last high, which both have been confirmed enough. Therefore, the market is likely going to decline in the short term. As we can see on the Daily chart, there’re a “Harami” and a “Shooting Star”, so today’s candle is probably will be black.

EUR/USD: "Three Black Crows" showed bulls the door

There’s a downward correction in progress, but the main trend remains bullish. We’ve got a “Doji” at the last maximum and a “Three Black Crows”, so the price is likely going to reach the nearest “Window”. If we see any reversal pattern here, there’ll be an opportunity for a local rise. 

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