Japanese candlesticks analysis is one of the classic tools for analyzing the currency market. The most important candlestick components here are the open, the close, the high, and the low. The color of candlesticks, black or white, depends on the ration between the security price when the candlestick opened and closed.
At the weekly chart of EUR USD, the downtrend continues.
The H4 chart of EUR USD shows the downtrend.
At the H4 chart of EUR USD, bearish Three Line Strike continuation pattern indicates that the downtrend continues.
At the H4 chart of EUR USD, Engulfing Bearish, High Wave, and Shooting Star patterns indicated a descending movement.
At the H4 chart of EUR USD, the correction within the downtrend continues.
At the H4 chart of EUR USD, Engulfing Bearish reversal pattern indicates a descending movement.
The H4 chart of EUR USD, the correction within the downtrend continues.
At the H4 chart of EUR USD, bullish Hammer reversal pattern indicated an ascending movement.