EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish 'Three Methods' pattern
2019-11-11 • Updated
There's a bearish 'Three Methods' pattern, so the market is likely going to test the lower 'Window' soon. A pullback from this level could be a departure point for a bullish correction.
The price has been declining since the last 'Harami' was formed. Also, there's a 'Three Methods' pattern. So, we should keep on track the lower 'Window' as the next bearish target.
Bullish Scenario: Buys above 17910 with TP:18098.07, TP2:18277, and TP3: 18415 Bearish Scenario: Sells below 17850 with TP1:17730, TP2: 17700
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