EUR/USD: "Three Methods" pushed price higher

EUR/USD: "Three Methods" pushed price higher


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.


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.



EUR/USD: bullish 'Hammer' pattern

The pair is likely going to reach the nearest resistance at 1.1386. If a pullback from this level happens next, bears will probably try to test...


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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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