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EUR/USD – Is it forming a bullish Gravestone Doji?

OANDA:EURUSD   Euro / Dolar A.S.
The EUR/USD pair has retreated from the daily high of 1.0728 to trade largely unchanged on the day around 1.0735 levels. Thus, the daily candle is now a Gravestone Doji.

There is a high possibility that the pair would end the day with the Gravestone Doji formation. If it does it could be a reversal sign….given the candle stick pattern has appeared at the bottom, which makes it similar to similar to the bullish inverted hammer pattern.

Penafian

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