EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bullish "Three Methods" pattern
2019-11-11 • Updated
There's a bullish "Engulfing" pattern, which has been confirmed, so the price reached the nearest resistance level. However, we don't have any reversal pattern so far, which means bulls are likely going to continue pushing the price higher.
We've got a bullish "Three Methods" pattern, so the price is rising. At the same time, there's an opportunity to have a local decline towards the nearest support. If we see a pullback from this level, bulls will be free to move on.
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