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Indicators and patterns

7/11/2024

Indicators and patterns

Indicators and patterns

1. Harami Pattern CROSS on EUR/USD 15-minute chart:
- Type: Bearish
- Signal: Sell
- Price: 1.0851
- Time: July 11, 2024, 11:15
- Description: The Harami Pattern is a two-candlestick pattern where the second candle is contained within the range of the previous candle. In this case, the pattern is bearish, indicating a potential reversal or continuation of a downtrend. The CROSS aspect may suggest a stronger signal or confirmation of the pattern.

2. STOCHRSI_fastk_indicator on EUR/USD 30-minute chart:
- Type: Bearish
- Signal: Sell
- Price: 1.0851
- Time: July 11, 2024, 11:00
- Description: The Stochastic Relative Strength Index (STOCHRSI) is a momentum oscillator that measures the level of RSI relative to its high-low range over a certain period. A bearish signal occurs when the indicator suggests that the asset is overbought and due for a potential reversal to the downside. In this case, the fastk indicator is bearish, supporting a sell signal for EUR/USD.

This is not investment advice. Remember to verify the information provided here.

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