Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: another bearish impulse
2019-11-11 • Updated
Wave 2 may have been formed like a zigzag, so there's a bearish impulse in wave (i). In this case, we're likely going to have another impulse in wave (iii) in the short term. The main intraday target is 2/8 MM Level.
There's a pullback from 3/8 MM Level, so we've got a downward impulse in wave i. Wave ii is about to end, which means bears are likely going to deliver an impulse in wave iii of (iii) in the coming hours.
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