EURJPY—potential evening star on hourly chart

There's a potential evening star on the hourly chart. This WON'T be confirmed until the completion of the current hourly candle which would need to close deeply into the first bullish candle. If it does confirm, then forming near resistance is bearish.

Here's the one-hour chart with the arrow pointing to the potential formation.























© Dianne Fecteau, 2010. No part of this material may be reproduced in any form, or referred to in any other publication, without the express written permission of the author.

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