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Indicators and patterns

10/31/2024

Indicators and patterns

Indicators and patterns

The indicator is a "Harami Pattern" identified on the EUR/USD currency pair chart with a 15-minute time frame. In this case, the pattern is bearish, suggesting a potential reversal in the price trend. The signal generated is a "Sell" signal at the price of 1.0871, with the pattern forming at 18:45 on October 31, 2024. Traders may interpret this as a potential opportunity to enter a short position or consider the possibility of a downward price movement in the near future. It is important to consider other factors and use risk management strategies when making trading decisions based on this signal.

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

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Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link