Japanese Candlesticks Analysis 24.02.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD, the correction within the downtrend continues. Bullish Hammer reversal pattern indicated an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, the ascending correction continues. Three Line Break chart shows a bearish direction; bullish Harami pattern and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bearish Hanging Man and Harami patterns indicated a descending movement. The downside Window is a support level. Three Line Break and Heiken Ashi candlesticks confirm a bearish direction.
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