EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Evening Doji Star" arrived
2019-11-11 • Updated
There's a possible "Engulfing" at the last high. If this pattern confirms, bears are likely going to deliver a local downward correction towards the nearest support area. However, if a pullback from this support happens, there'll be an opportunity to have another upward price movement.
We've got an "Evening Doji Star", but confirmation of this pattern isn't enough. So, we could have a correction in the direction of the closest support. Meanwhile, bulls will probably try to deliver a new local high afterwards.
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
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