EUR/USD: "Three Methods" pattern

EUR/USD: "Three Methods" pattern

3101eurusdH4 (1).png

The last "Tweezers" and "Hammer" patterns are still on the table, cause there isn't any reversal model so far. In this case, the market is likely going to continue moving higher in the short term.

3101eurusdH1 (1).png

The 34 & 55 Moving Averages have acted as support. Also, there's a bullish "Three Methods" pattern, so the market is likely going to reach the next resistance area 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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