EUR/USD: "Tower" and "High Wave"

EUR/USD: "Tower" and "High Wave"

1606eurusdh4.png

We've got a "Tower" and a "High Wave", but both patterns haven't been confirmed yet. So, the price is likely going to test the nearest resistance. If a pullback from this level happens, there'll be an opportunity to have another decline towards the closest "Window".

1606eurusdh1.png

There's a "High Wave", which has been confirmed enough. Also, we've got an unconfirmed "Shooting Star". In this case, we could have a local bearish correction, but bulls are likely going to test the Moving Averages afterwards.

eur

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