EURUSD formed Bullish Hammer Candle Pattern

Candle sticks assist in determining continuation and reversal in a trend. According to marketkolor.com, EURUSD has developed the Bullish Hammer candlestick pattern. This is a bullish candle stick pattern. Look for confirmation of upside in the price action. Pivot Points work well with Candle Patterns in determining potential price targets.
Chart Patterns

Related publications

Disclaimer