Indicators and patterns
11/18/2024
Indicators and patterns
The "Harami Pattern" is a two-candlestick pattern that indicates a potential reversal in the market. In this case, it occurred on the EUR/USD currency pair on the 30-minute timeframe.The Harami Pattern identified is bullish, suggesting a possible shift from a downtrend to an uptrend. The signal to "Buy" was generated at a price of 1.05419 on November 18, 2024, at 1:30 AM.
Traders often use the Harami Pattern as a signal to enter a trade in the direction of the potential reversal. It is important to consider other technical analysis tools and risk management strategies when making trading decisions based on this pattern.
This is not investment advice. Remember to verify the information provided here.
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