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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: "Stars" inside the "Window"

EUR/USD: "Stars" inside the "Window"

We’ve got a “Shooting Star” at the local high, but it hasn’t been confirmed yet. So, after a local correction the price is likely going to reach the upper “Window”, which is near the 34 Moving Average. As we can see on the Daily chart, there’s a confirmed “High Wave”, which makes possible an achievement the nearest resistance line in the short term.

EUR/USD: "Stars" inside the "Window"

There’s a strong resistance by the “Window”, so we’ve got an “Evening Star” and a “Shooting Star” here. Therefore, the pair is likely going to continue the current upward correction. In this case, we should keep an eye on the 89 Moving Average as a possible bullish intraday target.

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