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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 going to move on because of the "Three Methods"

EUR/USD: bulls going to move on because of the "Three Methods"

We’ve got a bullish “Three Methods” pattern inside the current “Window”, which makes possible an achievement the 55 Moving Average in the short term. As we can see on the Daily chart, there’s a “High Wave” at the last low, which has been confirmed. The last candles are bullish and there isn’t any reversal pattern so far. Therefore, bulls are probably going to move on.

EUR/USD: bulls going to move on because of the "Three Methods"

The price has been moving up since a “Tweezers” was formed at the local low. Also, there’s an “Engulfing” a little bit above the nearest “Window”. So, the pair is likely going to test the 89 Moving Average during the day.

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