Japanese Candlesticks Analysis 23.04.2018 (GOLD, NZDUSD)
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD has completed the correction towards the support level and formed several Hammer and Doji reversal patterns there. At the moment, it may be assumed that the pullback is over and the instrument may continue growing.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD has finished the correction towards the support level and formed several Hammer, Doji, and Inverted Hammer reversal patterns there. Judging by the previous movements, it may be assumed that the pullback is over and the instrument may resume trading to the upside.
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