Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "High Wave" pattern
2019-11-11 • Updated
There're bearish patterns such an "Evening Star" and a "High Wave". So, the price is likely going to test the nearest support. If a pullback from this level happens little later on, we could have another upward price movement.
The last "High Wave" pattern led to the current decline, but there isn't any bullish pattern so far. In this case, the 55 Moving Average is likely going to act as support soon. If a pullback from this line happens, there'll be an opportunity to have a bullish price movement.
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
