EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish "Harami" pattern
2019-11-11 • Updated
We've got a bearish "Harami" pattern, which hasn't been confirmed yet. So, if a pullback from the Moving Averages happens little later on, there'll be an opportunity to have a new local high. Meanwhile, if we have another reversal pattern, bears will probably try to deliver a downward correction.
There're bearish patterns such a "High Wave" and a "Shooting Star", which both have been confirmed. In this case, the Moving Averages is likely going to act as support anytime soon.
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