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Indicators and patterns

12/19/2024

Indicators and patterns

Indicators and patterns

1. Three-Line Strike (Bullish) on EUR/USD 15-minute chart:
- The Three-Line Strike pattern is a bullish reversal pattern that consists of three consecutive bearish candlesticks followed by a bullish candlestick that opens below the previous three candlesticks and closes above the first candlestick's open. This pattern suggests a potential reversal from a downtrend to an uptrend. The signal generated is a "Buy" signal at a price of 1.03624 on December 19, 2024, at 23:00.

2. Engulfing Pattern (Bearish) on EUR/USD 15-minute chart:
- The Engulfing Pattern is a bearish reversal pattern that occurs when a larger bullish candlestick engulfs a smaller preceding bearish candlestick. This pattern suggests a potential reversal from an uptrend to a downtrend. The signal generated is a "Sell" signal at a price of 1.03624 on December 19, 2024, at 23:00.

3. STOCHRSI_fastk_indicator (Bullish) on EUR/USD 15-minute chart:
- The STOCHRSI_fastk_indicator is a technical indicator that combines the Stochastic Oscillator (STOCH) and the Relative Strength Index (RSI). A bullish signal is generated when the indicator shows that the market is oversold and indicates a potential buying opportunity. The signal generated is a "Buy" signal at a price of 1.03624 on December 19, 2024, at 23:00.

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

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