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Indicators and patterns

10/31/2024

Indicators and patterns

Indicators and patterns

The indicator "Long Line Candle" on the EUR/USD currency pair with a 15-minute timeframe has shown a bearish signal. This indicates a potential selling opportunity. The specific price at which this signal occurred was 1.08589, and it was identified on October 31, 2024, at 17:15 GMT.

A "Long Line Candle" is a candlestick pattern that typically represents strong momentum in the market. In this case, the bearish Long Line Candle suggests a strong downward movement in the EUR/USD pair. Traders may interpret this as a signal to sell the currency pair in anticipation of further price declines.

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

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