EUR/USD: bullish 'High Wave' pattern

EUR/USD: bullish 'High Wave' pattern


There's a bullish 'High Wave', so the price is rising. At the same time, if a pullback from the 55 Moving Average happens next, there'll be time for a decline towards the nearest support at 1.1680.


The last 'Inverted Hammer' led to the current upward price movement. However, if we have a pullback from the upper 'Window' (1.1746), there'll be an opportunity to have a bearish correction in the direction of the 55 Moving Average.



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GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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