EUR/USD: "Three Methods" pushed price higher

EUR/USD: "Three Methods" pushed price higher

2411eurusdH4.png

The price is still rising, so there isn't any reversal pattern so far. In this case, the pair is likely going to climb even higher in the short term. If any bearish pattern arrives little later on, there'll be an opportunity to have a decline.

2411eurusdH1.png

There's a "Three Methods" pattern, which pushed the price even higher. At the same time, there isn't any reversal candle model, so we could have a new local high pretty soon.

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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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