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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 delivered new "Window"

EUR/USD: bulls delivered new "Window"

A “Three Methods” pattern arrived last Friday, which led to the new “Window” this morning. However, there’s a possible “Engulfing” at the local high, so the market is likely going to decline towards the “Window’s” lower side. As we can see on the Daily chart, here’s a strong support, so bulls will probably try to move on in the short term.

EUR/USD: bulls delivered new "Window"

We’ve got an “Evening Star” on the local “Window”, which has been confirmed. Therefore, a downward correction becomes possible during the day. The main target for bears is the today’s “Window”.

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