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Indicators and patterns

7/31/2024

Indicators and patterns

Indicators and patterns

The indicators and signals refer to a "Harami Pattern" identified on the EUR/USD currency pair chart with a 30-minute time frame. The pattern is considered bearish, suggesting a potential reversal in the price trend. The signal generated from this pattern is to sell the EUR/USD pair at the price of 1.08257. The occurrence of a "Harami Pattern" followed by a "Harami PatternCROSS" further reinforces the bearish sentiment and the sell signal. These patterns indicate a possible shift in market sentiment from bullish to bearish, prompting traders to consider selling the EUR/USD pair. The signals were generated on July 31, 2024, at 9:30 AM.

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

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