864
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: "Three Methods" pattern in the bear's clutches

EUR/USD: "Three Methods" pattern in the bear's clutches

There’s a “Shooting Star” on the last “Window”, which has been confirmed. Therefore, the market is likely going to falling down towards the next “Window”. As we can see on the Daily chart, there’s a possible “Three Methods” pattern, so today’s candle is probably going to be black.

EUR/USD: "Three Methods" pattern in the bear's clutches

The pair has been declining since a “Harami” arrived on the 34 Moving Average. The last candles are bearish, but here’s a possible “Hammer” at the local low. So, an upward correction becomes possible. However, this pattern is required a confirmation. If a pullback from the 21 Moving Average happens afterwards, there’ll be an opportunity to get a new low.

Scroll to top