Indicators and patterns
8/2/2024
Indicators and patterns
The "Harami Pattern CROSS" 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 pattern is bullish, indicating a potential reversal from a downtrend to an uptrend.The signal generated from this pattern is a "Buy" signal, suggesting that traders may consider entering a long position in the USD/JPY currency pair at a price of 149.39999. The signal occurred on a 15-minute timeframe on August 2, 2024, at 4:30 UTC. Traders may interpret this signal as a potential opportunity to capitalize on a bullish reversal in the USD/JPY pair.
This is not investment advice. Remember to verify the information provided here.
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