Japanese Candlesticks Analysis 01.03.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Engulfing Bearish, High Wave, and Shooting Star patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, Engulfing Bearish, Tweezers, Three Black Crows, and Shooting Star patterns indicated a descending movement. The upside Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bullish Hammer pattern indicated an ascending movement. The Window, which provided resistance, is broken. Three Line Break and Heiken Ashi candlesticks confirm the ascending movement.
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