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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.

USD/JPY: plenty of bullish patterns

USD/JPY: plenty of bullish patterns

There’s a “Harami” at the local low, but it hasn’t been confirmed yet. So, the market is likely going to get a resistance on the two nearest “Windows”, which could reverse the price movement into the direction of the local low. As we can see on the Daily chart, the last “Harami” is still unconfirmed, but if the price finds a lodgement under the closest “Window”, then bears will probably try to move on.

USD/JPY: plenty of bullish patterns

We’ve got plenty of bullish patterns such a “High Wave”, an “Engulfing” and a “Harami”. However, all of them have a quite weak confirmation, so the coming upward movement could be just a small correction.

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