EUR/USD: bullish "High Wave"

EUR/USD: bullish "High Wave"

3005eurusdh4.png

The price has reached the lower “Window”, so we’ve got a “High Wave”, but confirmation of this pattern is a quite weak. Therefore, the “Window” is likely going to act as support once again in the short term.

3005eurusdh1.png

There’s a bullish “Engulfing” pattern at the last low. However, we’ve got a bearish “Harami” on the 34 Moving Average, but this pattern hasn’t been confirmed yet. In this case, bulls are likely going to test the nearest resistance in the coming hours.

eur

Similar

EUR/USD: bullish wave [iii]

There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave...

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later