EUR/USD: "Shooting Star" and "Engulfing"

EUR/USD: "Shooting Star" and "Engulfing"

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We've got bearish patterns such a "Shooting Star" and an "Engulfing", which both have been confirmed enough. So, the market is likely going to test the nearest support by the middle of the last white candle.

2707eurusdh1-2.png

There are a "Shooting Star" and a "Harami". Considering confirmation of these patterns, bears are likely going to reach the Moving Averages. If a pullback from these lines happens, we could have another upward price movement.

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EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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