EUR/USD: bearish "Harami" pattern

EUR/USD: bearish "Harami" pattern

0603eurusdH4 (2).png

We've got a bearish "Harami" pattern, which hasn't been confirmed yet. So, if a pullback from the Moving Averages happens little later on, there'll be an opportunity to have a new local high. Meanwhile, if we have another reversal pattern, bears will probably try to deliver a downward correction.

0603eurusdH1 (2).png

There're bearish patterns such a "High Wave" and a "Shooting Star", which both have been confirmed. In this case, the Moving Averages is likely going to act as support anytime soon.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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