More on the Four-bar Variation of the Evening Star Candlestick Pattern One of the outstanding attributes of Japanese Candlestick financial price reporting is its quite uncanny ability – most of the time, but not all the time – to accurately predict major changes in the direction of price trend.  Some Candlestick formations are deemed to [...]

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www.fxtrainingzone.com EUR/USD I see the short term trend as down, therefore class this as a Trend Continuation trade based on: – Bearish englufing shotting star formation close on the 4H, failing to close above the 50% retracement line (from daily timeframe – shown in yellow on chart image). – Price action failed to close above [...]

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