Indicators and patterns
9/24/2024
Indicators and patterns
The "Harami Pattern" is a candlestick pattern that consists of two candles, where the first candle is larger and the second candle is smaller and is contained within the range of the first candle.In this case, the "Harami PatternCROSS" occurred on the EUR/USD currency pair on the 15-minute timeframe. The pattern is considered bullish, indicating a potential reversal from a downtrend to an uptrend. The signal generated from this pattern is a "Buy" signal.
The specific details of this signal are as follows:
- Instrument: EUR/USD
- Timeframe: 15 minutes
- Direction: Bullish
- Signal: Buy
- Price at Signal: 1.11252
- Signal Date and Time: September 24, 2024, 11:15 UTC
Traders may interpret this signal as a potential opportunity to enter a long position on the EUR/USD pair based on the bullish reversal indicated by the Harami Pattern. As with any trading signal, it is important to consider other factors such as risk management, market conditions, and additional analysis before making a trading decision.
This is not investment advice. Remember to verify the information provided here.
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